DeKay Bayliffe
Sophomore Member
- Joined
- Oct 16, 2006
- Professional Status
- Certified Residential Appraiser
- State
- Alaska
I'm going on my 13th consecutive hour of working today, so please don't throw hand grenades if you think this is a stupid question:
Doing an FHA appraisal on a property with a ton of deferred maitenance and some major flaws. (no septic-uses incinerator toilet, no ceiling in bedroom-open to attic, etc...). Question is, I know the condition of the property as of the effective date is poor, but do I call it average considering the requirements that will be made in the appraisal and the hypothetical condition that after the requirements are completed it will be average?
I have never appraised a home for FHA before that has been so neglected. I spoke to the underwriter and they are aware of everything.:new_puppy_dog_eyes:
Doing an FHA appraisal on a property with a ton of deferred maitenance and some major flaws. (no septic-uses incinerator toilet, no ceiling in bedroom-open to attic, etc...). Question is, I know the condition of the property as of the effective date is poor, but do I call it average considering the requirements that will be made in the appraisal and the hypothetical condition that after the requirements are completed it will be average?
I have never appraised a home for FHA before that has been so neglected. I spoke to the underwriter and they are aware of everything.:new_puppy_dog_eyes: