Dear all,

I've been reading a number of posts about FHA inspections and just
want to make sure my understanding of the process is correct:

1) Buyer must scheduled the FHA appraisal and inspection by the date
set in the contract.

2) Seller is usually responsible for making repairs to make sure the
house can be sold to a buyer with an FHA loan.

3) The repairs that are required are listed by the appraiser. Is this
correct?

My husband and I are selling our first home (hopefully) to someone
with an FHA loan. He scheduled the inspection and sent us the repairs
he wants but has not scheduled the appraisal yet. Without the
appraisal report, how do I know which repairs are required to meet the
FHA loan?

The buyer has also not completed the loan application process,
although our realtor believes that this was just an oversight on their
part of not following through. While we have the right to back out of
the contract at this point, we really would like to sell our house.

My husband and I had included in the contract that we would only be
responsible for up to 1% of the selling cost of the home. The list of
repairs the seller submitted easily would cost us more than the 1%.
Many of the repairs seem to be mostly cosmetic, while probably a
couple are valid.

Do we need the appraisal report before deciding what repairs to make
or not?

Many thanks in advance for any ideas or thoughts you might have.

Best,

Susan