Marcia Langley
Senior Member
- Joined
- Aug 26, 2005
- Professional Status
- Certified Residential Appraiser
- State
- Missouri
Whether it is true or not, it is a very good idea to write on all of your conventional appraisals that the report can not be utilized for FHA or VA financing as it was written to conform to conventional guidelines only.
TJ,
I think that takes it a little too far.
In my SOW for assignment parameters I report the guidelines being applied at the request of the client. If I report that the assignment condition is that the appraisal conform to Freddie Mac guidelines then there is no need to report all the various guidelines that were not employed.