FHA still requiring 2 appraisals?

[Mike V.]

So I get a call from my agent on Monday and he mentions that FHA is requiring a second appraisal on a house that I rehabbed over the winter and am supposed to close on this coming Monday. I thought the removal of the 90 seasoning was going to stop this but apparantly not. I am way over 90 days ~130 days. Bank thought it had to do with the sale price being more than 4x what I paid for it. Is anyone else still experiencing this? Fortunately, both appaisals came in above sale price but just another thing to worry about.