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.
2. Food eaten between meals. intr.v. snacked, snackÂ·ing, snacks. 1. To eat a hurried or light meal: She had meetings all day but managed to snack in lieu of lunch. 2. To eat food between meals: She snacked during the baseball game.