source:
  type: guide
  id: hud-4000-1-ii-b-required-analysis
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part II — b. Required
    Analysis (05/09/2022)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part II — b. Required
    Analysis (05/09/2022).
  coverage_tier: operative
obligations:
- id: hud-4000-1-ii-b-required-analysis-full
  canonical_id: hud-4000-1-ii-b-required-analysis-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part II — b. Required
    Analysis (05/09/2022)
  type: do
  tags:
  - regulator-direct
  - fha
  - hud-handbook
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: FHA Single Family Housing Policy Handbook 4000.1, Part II — b. Required
      Analysis (05/09/2022)
    source_class: hud-handbook
    source_url: https://www.hud.gov/hud-partners/single-family-handbook-4000-1
    snapshot_id: 8c03836f77f317e1
    fetched_at: '2026-05-23T00:28:40Z'
    content_hash: sha256:411430f29b13f9b54a2ebb0e6f6e7087ecd2b90d0da22eb0c8c792eaa2d7d0df
    paragraph_quote: 'b. Required Analysis (05/09/2022) The Appraiser must obtain
      credible and verifiable data to support the application of the three approaches
      to value. The Appraiser must perform a thorough analysis of the characteristics
      of the market, including the supply of properties that would compete with the
      subject and the corresponding demand. If a real property interest is being appraised,
      the Appraiser must perform a highest and best use analysis of the Property using
      all valuation approaches and report the results of that analysis. The application
      of the approaches to value requires that the Appraiser obtain credible and verifiable
      data to support each approach. Data must be drawn from a collection and storage
      database that is wholly independent from any individual or organization that
      has an interest in the Property being appraised. II. ORIGINATION THROUGH POST-CLOSING/ENDORSEMENT
      F. Appraiser and Property Requirements for Title I Loans 6. Valuation Development
      – Borrower-Owned Land Handbook 4000.1 1149 Last Revised: 11/26/2025 6. Valuation
      Development – Borrower-Owned Land'
  judgment: false
