Fha Appraisal Requirements Attic Photo

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.

Fha appraisal requirements attic photo.

Pursuant to fha hud requirements report must contain original comparable photos taken by appraiser. 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. 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. Similar to conventional home loans fha loans feature fha appraisal requirements mandated by the hud.

We cover those requirements and how they compare to conventional appraisals. Attic the appraiser will need to perform a head and shoulders inspection of the attic. Sketches must show porches and outbuildings that have value and porches and decks must be indicated covered or uncovered photos of repair items are required. The appraiser must select the appropriate appraisal form for reporting an fha appraisal from the following.

Fha residential appraisal requirements this section provides specific instructions for completing appraisal report forms. Mls photos are not a substitute for original photos. This page was updated in january 2020 and to include the latest information on fha appraisal guidelines and requirements for 2020. Appraiser must include property sketch including exterior dimensions of house patios.

Comment that all utilities were on and functioning at time of inspection. Crawlspace please make sure there is an unsealed entry point for a crawlspace. Mls photo may be included in addition to original photo s taken by appraiser. 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.

Please make sure there is access and a ladder available if need be for the inspection. Intended user must include fha hud. The appraiser will need to take photos and describe the area in his or her report. The only thing that i can think of that the appraiser may be referring to is a city building code.

The appraisal reporting form to be used will depend on the property type that is being appraised. Report must state whether or not property conforms to minimum fha hud standards. Photo and sketch requirements fha added additional photograph requirements in appraisal reports and has clarified some current requirements regarding building sketches.