Appraising for the FHA 203kAppraisers have a real challenge when appraising anything these days but it becomes more challenging when you have to appraise it "subject to" the repairs being completed.In 1995 I received a call from HUD asking me to get to Alabama and give a talk to the appraisal institute group there as they were having some difficulties... I had to laugh a bit but ended up calling them. Once I explained  this was just an "after improved" value appraisal being "subject to" the work being complted they also laughed and said "why didn't someone just say that in the first place?"In life it is all about the way the question is posed. I have a 203k project right now that the lender called the city of Berkeley and asked "do we need permits for siding repairs" of course the city ... 09/15/2011