Fha Appraisal Requirements Attic Photo

If you use an fha loan to buy a house the property will have to be appraised and inspected by a hud approved home appraiser.

Fha appraisal requirements attic photo. Mls photo may be included in addition to original photo s taken by appraiser. Appraiser and property requirements for title ii 2 forward and reverse mortgages 3 the appraisal process is the mortgagee s tool for determining if a property meets the minimum 4 requirements and eligibility standards for a federal housing administration fha insured 5 mortgage. The only thing that i can think of that the appraiser may be referring to is a city building code. Pursuant to fha hud requirements report must contain original comparable photos taken by appraiser.

Crawlspace please make sure there is an unsealed entry point for a crawlspace. Basic fha requirements fha case number must be shown on all pages of the report including photos sketch map etc. The appraisal reporting form to be used will depend on the property type that is being appraised. Similar to conventional home loans fha loans feature fha appraisal requirements mandated by the hud.

I would call the city to find out what their requirements are for attic access because that is what fha would probably use as their guideline requirements. We cover those requirements and how they compare to conventional appraisals. I m not sure the code would have a rule about the size of the ladder though. If you re trying to buy a house using an fha loan your fha lender will typically require an appraisal to validate the value of the home.

Attic the appraiser will need to perform a head and shoulders inspection of the attic. This page was updated in january 2020 and to include the latest information on fha appraisal guidelines and requirements for 2020. Please make sure there is access and a ladder available if need be for the inspection. Intended user must include fha hud.

Comment that all utilities were on and functioning at time of inspection. Photo and sketch requirements fha added additional photograph requirements in appraisal reports and has clarified some current requirements regarding building sketches. If the appraisal is subject to repairs or inspection the appraiser must include photos of any noted significant deferred maintenance required repair or items that require inspection photos must be labeled with description details such as subject front main bath mold in middle bath roof damage settlement crack on west wall. Fha residential appraisal requirements this section provides specific instructions for completing appraisal report forms.

Appraiser must include property sketch including exterior dimensions of house patios. The appraiser must select the appropriate appraisal form for reporting an fha appraisal from the following. Report must state whether or not property conforms to minimum fha hud standards.