Home Inspections vs Appraising the home
By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
I have seen many people fail to realize the importance of a home inspection. A realtor or loan officer can't really tell you to get a home inspection or even not to get one. Desiree Daniels mentions that in here, Agents & Home Inspections - Laying the ground work (Part 1), which inspired me to write this. But they certainly can recommend a home inspection. At least when you are getting an FHA mortgage, you have to sign a home inspection disclosure, telling you that you know that you have the right to choose to do one or not. So, what is behind an appraisal, conventional or FHA. The reason that I say this is because FHA appraisals aren't as strict as they use to be. HUD (The Department of Housing and Urban Development) relaxed their standards and did away with the VC sheet (Valuation ...
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