Accessed march 20 2020.
Fha inspection garage flooring.
Serious issue possible fha concern this wood rot found just below the roof is caused from rain water or ice build up in the winter.
Fha repair and inspection requirements for existing properties and revisions to fha appraisal protocol pages 2 3.
This is to make sure the home is worth the selling price.
For an fha loan the u s.
When an fha loan is being used the appraiser has two objectives.
Call a professional to evaluate.
Inspectors will examine the walls ceilings and floors for.
What is an fha inspection and appraisal.
This is one of the biggest hot spots for an fha appraiser and rightly so.
Federal housing administration fha loans must meet safety security and soundness standards which includes areas like roofs electrical water heaters and property access among others.
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.
Watch for soft floors around toilets and tubs leaky faucets roof leak stains in the ceiling.
The department of housing and urban development hud requires him to determine the current market value as with any appraisal.
A quick glance under a sink to see rotting floors and moldy walls will nix a loan every time.
But they also require a property inspection to make sure the home meets hud s minimum standards for health and safety.
During an fha inspection the property will be checked for issues regarding the foundation walls floors roof paint and drainage.
Accessed march 20 2020.
Typically a mortgage lender requires an appraisal of the true value of the home to be purchased.