I recently got approved for HUD financing appraisals or FHA appraisals. I used to do quiet a bit of FHA appraisal back in the Atlanta market 4 years ago however, the FHA loan pretty much died out. Since I've been appraising here in the Greenville - Spartanburg area I can count on one hand the number of times I've been asked to do a FHA appraisal. Since the downturn in the Sub Prime lender market it looks like FHA is going to make a come back.
There is a little bit more liability doing a FHA appraisal compared to a Conventional appraisal but for the most part they are the same.
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