FHA Single Family Housing Policy Handbook 4000.1, II. ORIGINATION THROUGH POST-CLOSING/ENDORSEMENT > F. APPRAISER AND PROPERTY REQUIREMENTS FOR TITLE I LOANS — 3. Commencement of the Appraisal
HUD effective date: 05/09/2022 · section II.F.1 · Handbook 4000.1
FHA Single Family Housing Policy Handbook 4000.1, Part II — 3. Commencement of the Appraisal (05/09/2022).
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Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, II. ORIGINATION THROUGH POST-CLOSING/ENDORSEMENT > F. APPRAISER AND PROPERTY REQUIREMENTS FOR TITLE I LOANS — 3. Commencement of the Appraisal — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
FHA Single Family Housing Policy Handbook 4000.1, Part II — 3. Commencement of the Appraisal (05/09/2022)
3. Commencement of the Appraisal (05/09/2022) The Appraiser must obtain all of the following from the Lender before beginning an appraisal: • a complete copy of the executed sales contract for the sale of the Manufactured Home and land, or, if the Manufactured Home and land are being purchased separately, the executed contract for each; • the land lease, if applicable; • surveys or legal descriptions, if available; • any other legal documents contained in the case binder; and • a point of contact and contact information for the Lender so that the Appraiser can communicate any noncompliance issues.
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Source of record: https://claudeforcompliance.com/regs/hud-4000-1-ii-3-commencement-of-the-appraisal/
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