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supervisor sig on FHA appraisals

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reliantappraisals

Thread Starter
Junior Member
Joined
Mar 12, 2007
Professional Status
Licensed Appraiser
State
California
Anyone know offhand if a FHA approved supervisor can sign off on an appraisal done by a non FHA approved guy as long as the supervisor inspected everything?
 

Mr Rex

Elite Member
Joined
Jan 12, 2004
Professional Status
Certified Residential Appraiser
State
North Carolina
· For FHA appraisals, the only signature permitted is that of the Lender Selected FHA Roster Appraiser. Supervisory signatures are not permitted.
 

Mike Boyd

Elite Member
Joined
Jan 18, 2002
Professional Status
Retired Appraiser
State
California
· For FHA appraisals, the only signature permitted is that of the Lender Selected FHA Roster Appraiser. Supervisory signatures are not permitted.

I agree with Rex. However, a non approved appraiser can be given credit for hours by including his name in an addendum and describing what that person did in reference to the report. Again, however, the wording should not be such that it would appear that the approved appraiser did nothing but sign his/her name and is to only collect the fee. I type in the addendum that the trainee PARTICIPATED in all aspects of the inspection and the report but that Michael Boyd supervised or completed on his own all aspects of the report and inspection and is soley responsible for any adjustments and the final analysis of value.
 
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