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Requirements for FHA Desktop and Exterior-Only Appraisals During COVID-19

In March 2020, the Department of Housing and Urban Development issued guidelines for desktop-only and exterior-only home appraisals for properties being purchased with an FHA loan. These temporary measures and procedures have been put in place to reduce, or even eliminate, face-to-face contact during the coronavirus (COVID-19) pandemic. The requirements for desktop-only and exterior-only FHA […]

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