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Updated almost 11 years ago on . Most recent reply

Mark Ferguson's profile image
Mark Ferguson's profile image
Mark Ferguson
  • Flipper/Rehabber
  • from Greeley, CO
  • Member since Mar 12, 2013
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Mark Ferguson's profile image
Mark Ferguson's profile image
Mark Ferguson
  • Flipper/Rehabber
  • from Greeley, CO
  • Member since Mar 12, 2013
Connect
Mark Ferguson
  • Flipper/Rehabber
  • Greeley, CO
1,353
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2,879
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Buying & Selling Real Estate

New HUD rules regarding appraisals

Mark Ferguson
  • Flipper/Rehabber
  • Greeley, CO
Posted

I just heard on my conference call from my HUD asset manager. There has been talk of HUD increasing listing prices over the appriasal. Today it is offical that the list price is no longer the appraised value. The big news is that appraisals will no longer be given to buyers and all buyers including FHA will have to order new appriasals.

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