Orlando Appraisal Blog

Fannie Mae Announcement SEL-2010-09 - Interior Photographs Required
August 19th, 2010 7:31 AM

Fannie Mae’s post-purchase reviews of mortgage loan files have identified issues with appraisals. As a result of those reviews, new policy requirements and clarifications concerning existing lender requirements are being added to a number of appraisal sections of the Selling Guide, including:

Inclusion of interior photographs in the appraisal report B4-1.2-06

interior photographs, which must, at a minimum, include:

– the kitchen;

– all bathrooms;

– main living area;

– examples of physical deterioration, if present; and

– examples of recent updates, such as restoration, remodeling, and renovation, if present.


Posted in:General
Posted by Alexis Olmo on August 19th, 2010 7:31 AMPost a Comment

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