Newz: FHA Appraisal Changes, Fannie Measurement Standards Update
July 4, 2025
What’s in This Newsletter (In Order, Scroll Down)
- LIA AD: Unreasonable Subpoena Request
- HUD Announces Changes to FHA Appraisal Requirements
- The Rock House In Larkspur CO Is Back On The Market for $1,000,000
- Baghdad Bob of Freddie Mac Merits Mention As Mideast Erupts
- The Full Measure – June 25, 2025 By Kevin Hecht, Appraiser and Economist
- Fannie: Standardizing Property Measuring Guidelines
- MBA: Mortgage applications increased 2.7 percent from one week earlier
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HUD Announces Changes to FHA Appraisal Requirements
Excerpts: There are four significant appraisal-related revisions to Section II. D. of the Handbook.
- Subject and comparable photograph requirements have been revised….
- The appraiser is no longer required to state the remaining economic life of the dwelling in the appraisal report.
- In situations in which the subject is located in an increasing or decreasing market, the appraiser is no longer required to include an absorption analysis, a minimum of two sales that closed within 90 days of the effective date, and two active listings or pending sales.
- For Section 223(e) mortgages, the appraiser is no longer required to include an estimate of remaining physical life for the subject property improvements.
It is important to note that the originating lender is the client, not HUD/FHA, and as such, the lender may still require some or all the above items.
To read more, Click Here
To read the full document, Mortgagee Letter 2025-18, Click Here
My comments: Read the full article above and the original Morgagee Letter (Link above) for more details if you do FHA appraisals.
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The Rock House In Larkspur CO Is Back On The Market for $1,000,000
Excerpts: 2 bedrooms, 2 baths, 2,432 sq.ft., 0.86 acre lot. Built in 2000.
The Larkspur Rock House is an iconic Flinstones style home, and now it can be yours for only $1,000,000. The rocks are maybe 200 million years old!!!Outdoor living spaces.
The Rock House is anything but ordinary—this striking, stucco-clad home is seamlessly built into a soaring red rock monolith, transforming nature’s artistry into a one-of-a-kind architectural statement.
The dramatic rock wall isn’t a backdrop—it’s the centerpiece, rising through all three levels and anchoring each floor in natural grandeur. Every space is visually and physically connected to the monolith at its core.
To read more, Click Here
To read the listing, Click Here
https://www.zillow.com/homedetails/6619-Apache-Pl-Larkspur-CO-80118/13497121_zpid/