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FHA Avenue Abbreviation Requirements

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Doug Smith SRA

Thread Starter
Member
Joined
Jan 16, 2002
Professional Status
Certified General Appraiser
State
Montana
Just got a note back from a lender regarding a FHA loan.

Avenue must be abbreviated per FHA requirements


I have been doing FHA since 1999 and I never heard of this or since I am getting up there in years, remembered.


Anyone?
 

Couch Potato

Elite Member
Joined
Mar 15, 2004
Professional Status
Certified Residential Appraiser
State
North Carolina
Much like using two-letter abbreviations for states, street types should be abbreviated. Sometime, somewhere I read that was required for someone, but I don't think it was FHA. I just remember deciding to adopt it as a standard practice so that I would not have to remember who wanted it. :rof:
 

Alison Swain

Senior Member
Joined
Sep 13, 2005
Professional Status
Certified Residential Appraiser
State
Florida
Weird. I've never heard that. I always spell out even "Boulevard".
 

Abester

Senior Member
Joined
Jun 12, 2003
Professional Status
Certified General Appraiser
State
Florida
Requirements just keeps getting more ridiculous. Next thing is you'll have to put in an earthquake map...but only on Tuesdays...but not if it's a new moon...
 

Couch Potato

Elite Member
Joined
Mar 15, 2004
Professional Status
Certified Residential Appraiser
State
North Carolina
Here is the standard abbreviations used by the USPS. The advantages of using them are one has a source to reference when questioned and they will work well in the client's database. The USPS page is here.
 
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Abester

Senior Member
Joined
Jun 12, 2003
Professional Status
Certified General Appraiser
State
Florida
oops...I don't care about their database...
 

Couch Potato

Elite Member
Joined
Mar 15, 2004
Professional Status
Certified Residential Appraiser
State
North Carolina
My only concern with the happiness of the client is it has an influence on my future orders. There are many areas where one must tell the client to "stick their request where the sun doesn't shine." Anytime I can do something helpful with little to no effort, I choose to do it.
 

Abester

Senior Member
Joined
Jun 12, 2003
Professional Status
Certified General Appraiser
State
Florida
So long as the client dictates the content of the report, the appraiser is not independent. Requiring an abbreviation in the place of an otherwise reasonable word, granted a small concession by the appraiser, nonetheless brings me to the "give 'em and inch" line. I'm anti-establishment, and independent is independent to me. Hey, maybe that's why I do more fishin' than appraising?
 

Couch Potato

Elite Member
Joined
Mar 15, 2004
Professional Status
Certified Residential Appraiser
State
North Carolina
Better than working.

So long as the client dictates the content of the report, the appraiser is not independent. Requiring an abbreviation in the place of an otherwise reasonable word, granted a small concession by the appraiser, nonetheless brings me to the "give 'em and inch" line. I'm anti-establishment, and independent is independent to me. Hey, maybe that's why I do more fishin' than appraising?
Could be, but then wouldn't you rather be fishing? :shrug: :rof:
 
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