why does the appraiser only one parcel under multiple parcel deed
Borrower owns 2 adjoining parcels, home sits on 1 parcel, the other parcel is raw land. I've got an appraiser telling me that FHA will not allow 2 parcels on the same loan unless the property is straddling the parcels (which it is not), but the appraiser won't provide me with the FHA Documentation stating this.'ve searched the Valuation Analysis for Home Mortgage Insurance and Valuation Analysis for 1 to 4 Unit Dwellings, but wasn't able to find anything that specifically dealt with multiple parcels on 1 loan. I've closed a couple of these via FHA recently and haven't run into any issues.