Appraisal Logging - Messages

Some of the messages that may appear when processing Appraisal Logging are explained below.

ERROR

Due to Listed Error(s), Request Will Not Be Processed

Click Review Error(s) to go to the Error(s) Detected field in the Details section near the bottom of the page. An explanation of the error is provided. The field that directly relates to the error is highlighted. Add or correct the information specified in the Error(s) Detected field. Then, submit for processing again.

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SUCCESS
Appraisal Logging Successfully Completed

The appraisal information has been recorded in HUD's origination system. If further processing of the case is necessary, select Other Functions near the top of the page and make a selection from the drop-down list.

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WARNING
Appraisal Logging Successfully Completed
Case Endorsed; Query Only

The case is endorsed for FHA mortgage insurance and information can only be viewed. To view additional information for the same case, select Other Functions near the top of the page and make a selection from the drop-down list.

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WARNING
Appraisal Logging Successfully Completed
Check Acres Entered

The amount entered in the Acres field is unusually high. Check the amount in this field to determine if a typographical error occurred. To make a correction, click Previous to return to the Appraisal Logging Update page. Make the change and process again.

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WARNING
Appraisal Logging Successfully Completed
Check Number of Bedrooms Entered

The amount entered in the Bedrooms field is zero. Check the amount in this field to determine if a typographical error occurred. To make a correction, click Previous to return to the Appraisal Logging Update page. Make the change and process again.

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WARNING
Appraisal Logging Successfully Completed
Check Square Feet Entered

The amount entered in the Sq Ft field is less than 500. Check the amount in this field to determine if a typographical error occurred. To make a correction, click Previous to return to the Appraisal Logging Update page. Make the change and process again.

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WARNING
Appraisal Logging Successfully Completed
Check Total Rooms Entered

The amount entered in the Rooms field was unusually high. Check the amount in this field to determine if a typographical error occurred. To make a correction, click Previous to return to the Appraisal Logging Update page. Make the change and process again.

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WARNING
Appraisal Logging Successfully Completed
Full/Market Assessed Value Not within 50% of Appraised Value

The amount in the Full/Market Assessed Value field is 50 percent higher or lower than the amount in the Appraised Value field. Check the amounts in these fields to determine if a typographical error occurred. To make a correction, click Previous to return to the Appraisal Logging Update page. Make the change and process again.

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WARNING
Appraisal Logging Successfully Completed
Property Subject to 90 Day Flipping Rule

The appraisal information has been recorded in HUD's origination system. However, based on the Prior Sale Information that was entered, further case processing is not permitted. Prior sale of the property occurred within 90 days of the current sale. Contact your HUD Homeownership Center (HOC) if the property was acquired by an employer or relocation agency in connection with the relocation of an employee.

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WARNING
Appraisal Logging Successfully Completed
Property Subject to > 90 Flipping Rule
Second Appraisal Required

The appraisal information has been recorded in HUD's origination system. However, based on the Prior Sale Information that was entered, a second appraisal by a different appraiser is required. Prior sale of the property occurred within 91-180 days of the current sale and the new sales price meets or exceeds the resale price percentage threshold. If a second appraisal has already been performed, click Second Appraisal at the bottom of the Appraisal Logging Results page to enter the information for the second appraisal. If not, use Appraisal Logging again after the second appraisal is performed.

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WARNING

Appraisal Logging Successfully Completed
Property Subject to Loc Flipping Rule
Second Appraisal Required

The appraisal information has been recorded in HUD's origination system. However, based on the Prior Sale Information, a second appraisal by a different appraiser is required. The property is located in a designated area, prior sale of the property occurred within 91-365 days of the current sale, and the new sales price meets or exceeds the resale price percentage threshold. The threshold is based on the property's zip code. If a second appraisal has already been performed, click Second Appraisal at the bottom of the Appraisal Logging Results page to enter the information for the second appraisal. If not, use Appraisal Logging again after the second appraisal is performed.

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WARNING
Appraisal Logging Successfully Completed
Appraisal Data Accepted as Primary Appraisal
Property Subject to [> 90 Flipping Rule or Loc Flipping Rule]

Two appraisals were entered and the system selected the current appraisal as the one to be used for case processing. The other appraisal is the alternate. The system compares the information entered for each appraisal and determines which one is to be used.

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WARNING
Appraisal Logging Successfully Completed
Appraisal Data Accepted as Alternate Appraisal
Property Subject to [> 90 Flipping Rule or Loc Flipping Rule]

Two appraisals were entered and the system selected the other appraisal as the primary appraisal for case processing. The current appraisal is the alternate. The system compares the information entered for each appraisal and determines which one is to be used.