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FHA condo form

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J Grant

Elite Member
Joined
Dec 9, 2003
Professional Status
Certified Residential Appraiser
State
Florida
I have not done an FHA condo in ages!! Is there any special language or addendums? Far as I can tell, the appraisal is the same as a regular condo appraisal exepct for FHA case number being on it? any help appreciated!:mellow:
 

J Grant

Elite Member
Joined
Dec 9, 2003
Professional Status
Certified Residential Appraiser
State
Florida
thanks, Tony S!! Went to page 80, looks like a regular condo appraisal far as I can tell, so now I can not worry before going to sleep!! have a good night all :flowers:
 

Mike Boyd

Elite Member
Joined
Jan 18, 2002
Professional Status
Retired Appraiser
State
California
Make sure it is a true condo, not a pud in disguise. Make sure to take photos of the common elements, find out about tenant/owner occupancy ratio, provide name and phone number of property manager or HOA, ask about any litigation, past and present.
 

realbiz

Junior Member
Joined
Mar 14, 2008
Professional Status
Certified General Appraiser
State
California
Make sure it is a true condo, not a pud in disguise. Make sure to take photos of the common elements, find out about tenant/owner occupancy ratio, provide name and phone number of property manager or HOA, ask about any litigation, past and present.

Mike is right, just make sure it is condo. If it is, the condo form is the one to use. No special addendums needed. Also the condo must be approved by HUD.
 
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