ADI specializes in completing appraisals for FHA insured mortgage transactions. All of our appraisers are FHA roster approved, and we're raising the bar on industry standards with internal FHA appraisal training unmatched in the business.
FHA required repairs fall into three main categories:
ADI appraisers will recommend only those repairs necessary to ensure a property complies with FHA's Minimum Property Requirements (MPR) or Minimum Property Standards (MPS), providing an estimated cost to cure.
The appraiser will recommend repairs based on a visual inspection of readily observable items. Cosmetic repairs are not required; however, they are considered in the overall condition rating and valuation of the property.
For FHA appraisal questions, contact us today at 1-866-691-4313.