An appraiser must be state certified to perform which type of appraisal?

To perform an FHA loan appraisal, an appraiser must be state certified. The Federal Housing Administration (FHA) requires appraisers who conduct appraisals for FHA-insured loans to have specific qualifications and a valid state certification. This requirement ensures that the appraiser has met standardized educational and experience criteria, which helps to uphold the integrity and reliability of property appraisals associated with FHA loans.

In contrast, a comparative market analysis, while useful for determining home values, does not require a certified appraiser and can be conducted by real estate agents. Tax assessment appraisals and non-profit value assessments also may not necessitate the same level of certification or qualifications as needed for FHA loan appraisals, as they often have differing regulations and standards guiding their processes. Thus, the certification requirement is a critical aspect that separates FHA appraisals from other types.