{"id":205550,"date":"2024-01-30T17:03:54","date_gmt":"2024-01-30T17:03:54","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/does-a-new-fha-case-number-require-a-new-appraisal\/"},"modified":"2024-01-30T17:03:54","modified_gmt":"2024-01-30T17:03:54","slug":"does-a-new-fha-case-number-require-a-new-appraisal","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/does-a-new-fha-case-number-require-a-new-appraisal\/","title":{"rendered":"Does a new FHA case number require a new appraisal?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/does-a-new-fha-case-number-require-a-new-appraisal\/#Does_a_new_FHA_case_number_require_a_new_appraisal\" title=\"Does a new FHA case number require a new appraisal?\">Does a new FHA case number require a new appraisal?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/does-a-new-fha-case-number-require-a-new-appraisal\/#FAQs\" title=\"FAQs:\">FAQs:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/does-a-new-fha-case-number-require-a-new-appraisal\/#1_Can_I_reuse_an_appraisal_for_a_different_FHA_case_number\" title=\"1. Can I reuse an appraisal for a different FHA case number?\">1. Can I reuse an appraisal for a different FHA case number?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/does-a-new-fha-case-number-require-a-new-appraisal\/#2_What_is_the_purpose_of_an_FHA_appraisal\" title=\"2. What is the purpose of an FHA appraisal?\">2. What is the purpose of an FHA appraisal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/does-a-new-fha-case-number-require-a-new-appraisal\/#3_Who_orders_the_FHA_appraisal\" title=\"3. Who orders the FHA appraisal?\">3. Who orders the FHA appraisal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/does-a-new-fha-case-number-require-a-new-appraisal\/#4_How_long_is_an_FHA_appraisal_valid_for\" title=\"4. How long is an FHA appraisal valid for?\">4. How long is an FHA appraisal valid for?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/does-a-new-fha-case-number-require-a-new-appraisal\/#5_Can_I_choose_my_own_appraiser_for_an_FHA_appraisal\" title=\"5. Can I choose my own appraiser for an FHA appraisal?\">5. Can I choose my own appraiser for an FHA appraisal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/does-a-new-fha-case-number-require-a-new-appraisal\/#6_What_happens_if_the_FHA_appraisal_comes_in_lower_than_the_sales_price\" title=\"6. What happens if the FHA appraisal comes in lower than the sales price?\">6. What happens if the FHA appraisal comes in lower than the sales price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/does-a-new-fha-case-number-require-a-new-appraisal\/#7_Does_an_FHA_appraisal_cover_potential_repairs_needed_on_the_property\" title=\"7. Does an FHA appraisal cover potential repairs needed on the property?\">7. Does an FHA appraisal cover potential repairs needed on the property?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/does-a-new-fha-case-number-require-a-new-appraisal\/#8_What_are_some_common_reasons_for_a_new_FHA_case_number_to_be_issued\" title=\"8. What are some common reasons for a new FHA case number to be issued?\">8. What are some common reasons for a new FHA case number to be issued?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/does-a-new-fha-case-number-require-a-new-appraisal\/#9_How_long_does_it_take_to_complete_an_FHA_appraisal\" title=\"9. How long does it take to complete an FHA appraisal?\">9. How long does it take to complete an FHA appraisal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/does-a-new-fha-case-number-require-a-new-appraisal\/#10_Can_I_appeal_the_results_of_an_FHA_appraisal\" title=\"10. Can I appeal the results of an FHA appraisal?\">10. Can I appeal the results of an FHA appraisal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/does-a-new-fha-case-number-require-a-new-appraisal\/#11_Do_I_need_to_be_present_for_the_FHA_appraisal_inspection\" title=\"11. Do I need to be present for the FHA appraisal inspection?\">11. Do I need to be present for the FHA appraisal inspection?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/namso-gen.co\/blog\/does-a-new-fha-case-number-require-a-new-appraisal\/#12_Can_I_order_an_appraisal_before_applying_for_an_FHA_loan\" title=\"12. Can I order an appraisal before applying for an FHA loan?\">12. Can I order an appraisal before applying for an FHA loan?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Does_a_new_FHA_case_number_require_a_new_appraisal\"><\/span>Does a new FHA case number require a new appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Yes, a new FHA case number does require a new appraisal. An FHA appraisal is tied to a specific case number, so a new one must be ordered if the case number changes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"1_Can_I_reuse_an_appraisal_for_a_different_FHA_case_number\"><\/span>1. Can I reuse an appraisal for a different FHA case number?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nNo, the appraisal is specific to the case number and cannot be reused for another case.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_What_is_the_purpose_of_an_FHA_appraisal\"><\/span>2. What is the purpose of an FHA appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAn FHA appraisal is used to determine the value of the property being purchased or refinanced, as well as to ensure it meets the minimum property standards set by the FHA.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Who_orders_the_FHA_appraisal\"><\/span>3. Who orders the FHA appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe lender is responsible for ordering the FHA appraisal in order to process the loan application.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_How_long_is_an_FHA_appraisal_valid_for\"><\/span>4. How long is an FHA appraisal valid for?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAn FHA appraisal is typically valid for 120 days, but it can be extended under certain circumstances.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Can_I_choose_my_own_appraiser_for_an_FHA_appraisal\"><\/span>5. Can I choose my own appraiser for an FHA appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nNo, the lender is the one who selects and orders the appraiser for an FHA appraisal to ensure independence and impartiality.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_What_happens_if_the_FHA_appraisal_comes_in_lower_than_the_sales_price\"><\/span>6. What happens if the FHA appraisal comes in lower than the sales price?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf the FHA appraisal comes in lower than the sales price, the buyer may need to negotiate with the seller to lower the price or come up with additional funds to cover the difference.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_Does_an_FHA_appraisal_cover_potential_repairs_needed_on_the_property\"><\/span>7. Does an FHA appraisal cover potential repairs needed on the property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, an FHA appraisal includes an inspection of the property to identify any necessary repairs that must be completed before the loan can be approved.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_What_are_some_common_reasons_for_a_new_FHA_case_number_to_be_issued\"><\/span>8. What are some common reasons for a new FHA case number to be issued?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nA new FHA case number may be issued if there is a change in the loan amount, property address, or borrower information, among other reasons.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_How_long_does_it_take_to_complete_an_FHA_appraisal\"><\/span>9. How long does it take to complete an FHA appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe time it takes to complete an FHA appraisal can vary depending on factors such as the property&#8217;s location and size, but it usually takes around 7-10 days.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_Can_I_appeal_the_results_of_an_FHA_appraisal\"><\/span>10. Can I appeal the results of an FHA appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf you believe there are errors in the FHA appraisal report, you can request a reconsideration of value from the lender or provide additional information to support your case.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_Do_I_need_to_be_present_for_the_FHA_appraisal_inspection\"><\/span>11. Do I need to be present for the FHA appraisal inspection?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIt is not necessary for the buyer to be present during the FHA appraisal inspection, as the appraiser will coordinate directly with the lender and seller.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Can_I_order_an_appraisal_before_applying_for_an_FHA_loan\"><\/span>12. Can I order an appraisal before applying for an FHA loan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhile it is possible to order an appraisal before applying for an FHA loan, it is typically done after the loan application has been submitted to ensure the property meets FHA standards.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Does a new FHA case number require a new appraisal? Yes, a new FHA case number does require a new appraisal. An FHA appraisal is tied to a specific case number, so a new one must be ordered if the case number changes. FAQs: 1. Can I reuse an appraisal for a different FHA case &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Does a new FHA case number require a new appraisal?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/does-a-new-fha-case-number-require-a-new-appraisal\/#more-205550\">Read more<span class=\"screen-reader-text\">Does a new FHA case number require a new appraisal?<\/span><\/a><\/p>\n","protected":false},"author":52,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-205550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Does a new FHA case number require a new appraisal?<\/title>\n<meta name=\"description\" content=\"Does a new FHA case number require a new appraisal? 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