FHA: Cosmetic vs. MPR Repairs
Appraisal Today
MAY 26, 2023
Cosmetic vs. MPR Repairs: Guidance for FHA Appraisers By: McKissock Excerpts: If you are appraising a property that needs some cosmetic repairs but meets FHA minimum property requirements (MPR) in its current condition, you should make the appraisal “as-is.” Here is some guidance on cosmetic repairs vs. MPR repairs.
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