Will an FHA appraiser take the previous sale amount into consideration with avg. % decrease in area?Will an FHA appraiser base his/her appraisal completely on comps or will he/she look at the % decrease in value in area as well? I have an appraisal this week and am wondering what I should be prepared for. My accepted offer is 29% lower than the purchase price of the home in 2006. This is a short sale. The comps in the area are all over the place because it is in a pocket that is highly desirable but is around the corner from many lower priced homes. Will the appraiser look within 1/2 - 1 mile of the property for all comparables?The list price was VERY low by the listing agent. He really did not know the value of the area and looked completely at zip comps. So, my offer was very high over the asking price. The home had 20 offers!! How do you know if an FHA appraiser is going to understand the value of certain areas in LA? Also, this is an FHA loan so want everything to go as smoothly as possible!!I know that this makes for more issues sometimes...July 05 2009 - Los Angeles00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.