Philadelphia FHA Appraisers

District Appraisals is your perfect choice if you are searching for an FHA appraiser in Philadelphia . Read on to find out why…

The use of our online system to manage your Philadelphia real estate appraisal requests. You can check the status of your appraisal order throughout the process. You are empowered to track all Philadelphia Appraisal products when you deal with us.

We are a leading provider of real estate valuations for the Philadelphia area.  We are sure you will find our turn around time report quality and customer service second to none.

FHA Loans are becoming more prevalent due to the recent sub-prime market meltdown. FHA Mortgages allow higher LTV's and have less stringent underwriting requirements as compared to many conventional mortgages.

Typically FHA appraisals are used for:

Reverse Mortgages

Purchase Transactions

Refinance Transactions

203k Rehab Loans

Recently there has been a reduction of property requirements, resulting in less FHA required repairs than in the past. We are fully aware of this and only require repairs that meet current FHA guidelines. Some typical repairs that HUD does require are:

Chipping paint for homes built prior to 1978 (may contain lead).

Any roof damage/leaks.

Active termite damage or soft structural wood.

Empty pools that need to be filled or fenced.

Broken windows (not minor cracks).

Any other items that risk the safety of the occupants or the security, marketability of the structure.

Typically cosmetic repairs are not required (worn flooring, carpet).

 

Order Your Philadelphia FHA Appraisal Here

Philadelphia Fee Schedule   1004 SFR ( Less than $1M) $350 1004 SFR (More than $1M) $500 1004 SFR FHA Appraisal $400 2055 Exterior Only $250 2075 Exterior Only $250 2070 Exterior Only $200 Appraisal UPDATE $250   1025 Multi/ 2-4 Units $700 - $1000*   1007 Rental Survey $50 216 Operating Income $50 1007 & 216 Combo $100 442 Notice of Completion $100 REO Addendum $100 Land Only Appraisals $500 plus* FNMA 2000 Field Review $350 plus* Desktop 2007/ Desk Review $250* Trip Fee $100 *Real Estate Appraisal fees may increase with complexity. Call for quote. District Appraisals offers COD or Invoice billing options to established clients.  We accept cash, checks, Visa, MasterCard or American Express.