- Jun 6, 2008
- Professional Status
- Certified Residential Appraiser
- Rhode Island
So I'm aware of the deal when a borrower switches lenders, but what is the protocol in regards to a new borrower? Case in point, I performed an FHA appraisal for a sale. The deal fell apart and a new buyer is making an offer and wants to go FHA as well. The realtor wants to know if they will be able to order a new FHA appraisal or if mine is locked into the property regardless of the borrower? Thanks in advance.