Appraise This

April 17th, 2011 10:20 PM

I'm offering a new service to try to help Listing Agents escape the pitfalls of the FHA Appraisal!!!!!

FHA Lending is dominant in our area.  To qualify for an FHA Loan, your property needs to meet Minimum Property Standards as outlined by HUD.  When the Appraisal is completed, the Appraiser must list any items which do not meet FHA Standards.

Here is the problem: the Appraiser doesn't get to just call the Listing Agent and detail all the items in need of correction.  So, the game of telephone begins: the Appraiser tells the AMC who tells the Lender who tells the Buyer who tells their agent who tells the Listing Agent.  And then the Listing Agent has to make heads or tails of the mixed bag of information and try to meet the conditions...  Somehow...

This wacky system is causing problems - delayed escrows and LOST BUYERS!!!!!! 

I hope to help Listing Agents get ready for the FHA inspection - prior to escrow.  I'm offering a $50 full personal walk-thru to assess all FHA Conditions that may impede a fast and easy closing.

Stop the Appraisal from stopping you!

Emilie


Posted by Emilie Barnes on April 17th, 2011 10:20 PMPost a Comment (0)

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Barnes Family Appraisal

1231 McClaren Drive, Carmichael, CA 95608

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EmilieBarnes@barnesfamilyappraisal.com

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