(FHA) Appraisals – Minimum Property Standards: Will an FHA Appraisal be more strict for roof conditions than a conventional appraisal?
Answer: FHA has specific standards for a roof. (See guideline below.) Conventional guidelines state than an appraiser must note when any conditions of the home affect the safety and soundness of the property, but offer no detailed standard for the roof. This makes it slightly less likely that a conventional appraisal would call for a […]