FHA Observation Checklist for Appraisers

4.62 Average Customer Rating

5 stars
(38)
4 stars
(18)
3 stars
(2)
2 stars
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FHA Observation Checklist for Appraisers has earned an average of 4.62 out of 5 stars from 58
$29.95
An appraiser’s property visit for an FHA loan is the fodder for many a misconception by buyers, sellers, real estate professionals, and even lenders. 

Anecdotal accounts of real estate agents counseling FHA buyers not to get a home inspection because “If there’s anything wrong with the house, the FHA appraiser will find it” cause chills to run up appraisers’ spines. HUD itself helped to foster this misconception over 15 years ago, with its infamous television commercials showing an appraiser tugging on pipes in the basement of a dwelling. 

FHA appraisals are not home inspections, and appraisers know this. But there is another more recent misconception, perpetuated by some lenders – namely that FHA appraisals are the same as conventional appraisals. They are not, as we shall see. 

This is a non-credit course, which is designed to introduce you to a property observation checklist that can be used when appraising a property for an FHA loan. More detailed and specific information is available in another McKissock course titled The NEW FHA Handbook 4000.1. 

At this point, we must disclaim that no course or checklist can possibly address all of the possible situations that an appraiser may encounter out in the field. As such, this course and the checklist are not intended to be a substitute for a thorough reading and understanding of applicable HUD/FHA handbooks, guides, and mortgagee letters.

Chapter list:

1. FHA Property Observation and Checklist

Course ratings and reviews

McKissock is rated 4.6 out of 5 by 149.
Rated 5 out of 5 by from I just recently received my certification and am going to try to get FHA approved so I am trying to read everything I can to ensure that I am performing my job to the best of my ability. This course was a good starting point. I do plan on taking the actual HUD/FHA course next but this course definitely gave good specifics about what is expected from the FHA appraiser during the inspection/observation.
Date published: 2018-10-15
Rated 5 out of 5 by from Nice review course before taking the credit course.
Date published: 2018-02-22
Rated 5 out of 5 by from It was perfect and assisted me in writing an additional addendum within the report.
Date published: 2017-02-09
Rated 5 out of 5 by from Have always used McKissock. Easy to navigate and cost effective for continuing education.
Date published: 2016-08-04
Rated 5 out of 5 by from Have always used McKissock. Easy to navigate and cost effective for continuing education.
Date published: 2016-08-04
Rated 5 out of 5 by from very useful to me since I am just starting to do FHA appraisals and have no-one to tutor me
Date published: 2015-12-15
Rated 5 out of 5 by from very useful to me since I am just starting to do FHA appraisals and have no-one to tutor me
Date published: 2015-12-15
Rated 4 out of 5 by from Crucial, succinct info so that I can accurately perform FHA and FHA related (USDA Rural Housing) appraisals.
Date published: 2016-02-19
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