Agent

FHA appraisers are not home inspectors

Why home buyers shouldn't rely solely on appraiser's opinion

Dear Barry, In one of your articles, you painted an inaccurate picture of FHA appraisers. I agree that home inspectors are more qualified than appraisers to identify defects in a home, but FHA appraisers also have a role in identifying some of these problems. According to HUD standards, an FHA appraiser must look in the attic for signs of leakage, poor construction and fire damage; inspect the foundation crawlspace for various defects; operate the heating, electrical and plumbing systems; review the site drainage; and check many other issues. Our inspections are not nearly as thorough as a home inspection, but when we find evidence of a significant problem, we recommend that buyers hire a home inspector. I suggest you review HUD's Valuation Analysis for Single Family One- to Four-Unit Dwellings. --David Dear David, My comments about FHA appraisers were not intended to negate the importance or validity of your profession. Many home buyers, however, are unclear about the d...

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