For a Federal Housing Administration (FHA) loan to be approved, the home must pass an FHA inspection and appraisal. That means it must be worth the purchase price and have such basics as ...

The appraiser will note the condition and defects of each item, if applicable, as they complete the VC Form. The lender will use the results of the appraisal and inspection to determine the ...

FHA Inspection Requirements While an FHA appraisal contains elements of a home inspection, it’s not as comprehensive as a home inspection by a licensed home inspector.