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Claims Without Conveyance of Title Properties

NJ Valuator

Senior Member
Joined
Feb 23, 2003
Professional Status
Certified Residential Appraiser
State
New Jersey
Assignment type is a FHA 2055 exterior only on a foreclosed FHA-insured home. I know the appraisal is "as is". Client wants to know if it meets FHA MPR's. How would I know this if it is a 2055 only?
 
You can't and I've never seen any foreclosure that met FHA MPR I think the clients confused about what kind of appraisal their ordering and your going to have to educate them...lol
 
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