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How Many FHA Appraisals Per Month Is Ok

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Thomas R. Merrill

Freshman Member
Joined
Sep 23, 2002
When I started doing FHAs [1999] it was my understanding that you weren't supposed to do only HUD work or have the majority of your business doing HUD appraisals.. Someone told me today that all she does is FHA and no one has said anything to her. Anyone know what percentage or number of FHA appraisal assignments per month is acceptable to HUD? Also whats the going rate now. I haven't done one in awhile and heard the fees were down to $325.

thommerrill
 

larryhaskell

Senior Member
Joined
Apr 23, 2002
Professional Status
Certified General Appraiser
State
Nevada
I don't know if HUD has a limitation on the number but I suppose if you were doing a hundred of them a month they might be concerned. They probably assume that you do other types of work as well. I don't know that we should discuss specific fees but I do charge a minimum amount above my standard fee.
 
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