FHA Market Analysis Updates for Appraisers

Join Jared Preisler for Tuesday Tips. On April 18th, FHA made changes to appraisers' responsibilities for analyzing the market. Specifically, they require appraisers to analyze the larger (neighborhood) market before moving to the competing market. You need to pay attention to this appraisal change because if your appraisal software is not equipped to show multiple markets on the same display, you may be out of compliance. Jared shows appraisers how he uses DataMaster to create credible reports with supporting documentation. Learn about the bulletproof appraisal workfile that protects your reputation and appraiser license.