Attic Inspection For Fha

This is to make sure the home is worth the selling price.

Attic inspection for fha.

Ensuring that mixed use properties comply with zoning. These include many health and safety inspections. When an fha loan is being used the appraiser has two objectives. Head and shoulders is the.

Fha appraisers are required to observe the attic area. What is an fha inspection and appraisal. Clarifying that fha requires an inspection. Inspection the attic must be examined whether access is by pull down stairway or scuttle.

Federal housing administration fha loans have requirements including minimum property standards which help protect lenders. When there is no safe access to the attic the appraiser is to note the inaccessibility in the appraisal report. All appropriate approaches must be utilized when applicable. Fha appraisers are now required to.

Fha requires that the appraiser observe the attic for evidence of needed repairs and non compliance with fha property eligibility requirements. Federal housing administration fha loans must meet safety. General acceptance criteria property eligibility and non residential use of property. Attic and crawl space inspection requirements.

Department of housing and urban development washington dc 20410 8000 assistant secretary for housing federal housing commissioner special attention of. 12 attic and crawl space inspection requirements. Handbook 4000 1 all fha approved mortgagees. Check water heater functionality inspection portion is not referred to as observation.

The appraiser must observe the interiors of all attic spaces. But they also require a property inspection to make sure the home meets hud s minimum standards for health and safety. Fha s office of single family housing. The department of housing and urban development hud requires him to determine the current market value as with any appraisal.

To a full inspection. Fully access the attic space if able to do so. If the appraiser cannot observe the entire attic a head and shoulders observation along with an explanation from the appraiser regarding why the entire attic could not be observed is sufficient. These revisions must be meet to qualify for fha financing.

Ensure all appliances are operational. Cost and income approach for value. Clarifying that fha requires an inspection. At a minimum the appraiser must enter head and shoulders into the attic.

Typically a mortgage lender requires an appraisal of the true value of the home to be purchased. Department of housing and urban development hud requires this plus an inspection of the home s condition in order to pass inspection the home must meet minimum safety. The guidance in this faq is effective for case numbers assigned on or after september 14 2015. If unable to observe the entire attic or crawl space area the appraiser must report the scope of the observation.