staging: FHA Appraisals, the 3 Categories which the appraiders check for minimum property standards - 02/15/12 12:25 PM
I get frequent questions about appraisals. This article outlines some of the things FHA appraisers look for that are different from conventional loans.  The 3 categories are Safety, Security, and Soundness.  If you are thinking about selling your home, take take to correct any problems in these areas before you list your home.
FHA guidelines state that a house has to meet MPR (minimum property standards) for existing houses, and MPS (minimum property requirements) for new construction. FHA is very concerned with the three S’s: Safety, Security, and Soundness.
When a Realtor was asked what the three FHA S's were, he … (0 comments)