Fha Appraisal Attic Photo

Fha hud requirement of 30 years.

Fha appraisal attic photo.

Fha does not hold the appraiser to the level of inspection as a home inspector but it does not say just a head and shoulders inspection with photos is adequate. Uniform residential appraisal report fannie mae form 1004 march 2005 required to report an appraisal of a one unit property or a one unit property with an accessory unit. 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. There are things any appraiser will call out in an fha appraisal but there are times when appraisers have to consider how the spirit of fha might apply in a situation.

Please make sure to include both appraisal license and e o insurance copies. Inspection the attic must be examined whether access is by pull down stairway or scuttle. Addition to your original photo. The appraiser must observe the interiors of all attic spaces.

Take photos of the property to be included within the loan file. Is an attic inspection required for fha. That is what we have been doing and the new standards of observe and report are different than what we have been doing. The guidance in this faq is effective for case numbers assigned on or after september 14 2015.

Photo requirements include photos of subject property. At a minimum the appraiser must enter head and shoulders into the attic. Head and shoulders is the alternate to a full inspection. O attic and or crawl space when present.

Manufactured home appraisal report fannie mae form 1004c march 2005 required to report an appraisal of a one unit manufactured home. Fha s office of single family housing training module attic and crawl space inspection requirements clarifies that fha requires an inspection. The photos must show the sides front and rear of the home as well as any value adding improvements such as a pool or patio. Front back left right sides of the property.

Head shoulders. The appraiser is not required to disturb insulation move personal items furniture equipment or debris that obstructs access or visibility. When there is no safe access to the attic the appraiser is to note the inaccessibility in the appraisal report. And fha appraisal are very similar to appraisals performed for other lenders.

If unable to observe the entire attic or crawl space area the appraiser must report the scope of the observation what. In addition to commenting in the comment addendum of the appraisal the appraiser should include a picture of the obstructed entrance to the attic as verification that the appraiser could not see in the attic. Take a photo of each comparable sale transaction that is being used to support the appraisal.