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2055 FHA Appraisal?

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jmedina

Freshman Member
Joined
Jun 28, 2007
Professional Status
Licensed Appraiser
State
California
Fellow appraisers:

Is there such a thing as a 2055 FHA appraisal???????
 

Mr Rex

Elite Member
Joined
Jan 12, 2004
Professional Status
Certified Residential Appraiser
State
North Carolina
See Mortgagee letter 2008-09:

What form must be used for the second appraisal? If the property is a one-unit detached house, the second appraisal may be an exterior-only appraisal using form Fannie Mae/Freddie Mac 2055; any repair requirements noted in the original interior-exterior appraisal report must be adhered to if the second appraisal is an exterior-only appraisal. Condominium units including detached site-condominiums; manufactured housing; and 2-4 unit properties are not eligible for exterior-only second appraisals and must be completed on the appropriate appraisal form.
 

RSW

Elite Member
Joined
Feb 18, 2002
Professional Status
Certified Residential Appraiser
State
Tennessee
That about sums that up!
 
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