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Does a VA appraisal stay with a house like a FHA appraisal?

Discussion in 'FHA/HUD and VA' started by izzy4, Jul 6, 2010.

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  1. izzy4

    izzy4 New Member

    0
    Jul 6, 2010
    Professional Status:
    General Public
    State:
    Florida
    We had a VA appraisal done on a house we have waited 7 months to buy on a short sale. Appraisal came in low (we're in South Florida) and now the seller is refusing to sell us the house. Their motivation is to continue pocketing the rent they are collecting now that it is rented and they are no longer paying the mortgage (in foreclosure also). If the next buyer is FHA, will our previous VA appraisal still be attached to the property for the next 4 months? Or is the FHA appraisal process completely separate from the VA appraisal process?
     
  2. PropertyEconomics

    PropertyEconomics Elite Member

    0
    Jun 19, 2007
    Professional Status:
    Certified General Appraiser
    State:
    New Mexico
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