FHA: When an FHA loan is being used, the appraiser has two objectives. The Department of Housing and Urban Development (HUD) requires him to determine the current market value, as with any appraisal. But they also require a property inspection to make sure the home meets HUD's minimum standards for health and safety.
Definition of snack. : a light meal : food eaten between regular meals; also : food suitable for snacking.
snack bar. n. A lunch counter or small restaurant where light meals are served. snack bar. n. (Commerce) a place where light meals or snacks can be obtained, often with a self-service system. snackâ² bar`. n.