source:
  type: guide
  id: hud-4000-1-iv-d-appraisal
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part IV — d. Appraisal
    (05/09/2022)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part IV — d. Appraisal
    (05/09/2022).
  coverage_tier: operative
obligations:
- id: hud-4000-1-iv-d-appraisal-full
  canonical_id: hud-4000-1-iv-d-appraisal-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part IV — d. Appraisal
    (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 IV — d. Appraisal
      (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: 'd. Appraisal (05/09/2022) The Lender must obtain an appraisal
      of the secured Property in compliance with Appraiser and Property Requirements
      for Title I Loans. The Lender must obtain the appraisal as soon as possible
      after repossession, or earlier with the permission of the Borrower. The appraisal
      must be performed on the home site unless the site owner requires that the home
      be removed before the appraisal can be performed. The appraisal must reflect
      the current value of comparable Manufactured Homes in similar condition and
      in the same geographic area where the repossession occurred. The appraised value
      is part of the calculation of the insurance claim payment. IV. CLAIMS AND DISPOSITION
      D. Title I Disposition 2. Property Disposition of Manufactured Homes Handbook
      4000.1 1688 Last Revised: 11/26/2025'
  judgment: false
