I was looking at a home this week, for an FHA loan, that had screw in fuses. Have you ever seen these? They use to be common years ago, however at some point they were replaced with circuit breakers. I have been asked by homeowners and real estate agents if these fuses meet HUD’s minimum […]| Birmingham Appraisal Blog
I was doing some work recently for a novice property investor and he was asking me some questions about FHA required repairs. He wanted to prepare the house he just purchased so that if the buyers were going to use FHA financing there wouldn’t be any issues at the last minute to hold up the […]| Birmingham Appraisal Blog
A "Head and Shoulders" inspection is a requirement of FHA appraisal but many don't know what this is. Real estate appraiser Tom Horn explains what it is and why it's important.| Birmingham Appraisal Blog
I had a reader email me a question last week asking why they should get an appraisal on their home, and I want to share with you the answer I gave them with the hope that it can help you make a similar decision. This person asked me “Why do I need to get an […]| Birmingham Appraisal Blog