Fha Appraisal Requirements Attic

Overview of fha appraisal guidelines for 2020 according to the 2020 fha appraisal guidelines all properties being purchased with an fha insured mortgage loan must be appraised by a licensed hud approved home appraiser.

Fha appraisal requirements attic.

At a minimum the appraiser must complete the following steps. If re roofing is needed fha requires specific guidelines mechanical systems must be safe protected from destructive elements functional durable and of decent quality. Fha requires that the appraiser observe the attic for evidence of needed repairs and non compliance with fha property eligibility requirements. Property must have sufficient access to the crawl space.

The appraiser is not required to disturb insulation move personal items furniture equipment or debris that obstructs access or visibility. The roof cannot have more than three layers of roofing. The appraiser must enter the attic and observe the interior roof structure and attic for evidence of leaks water damage structural problems previous fire damage frt sheathing exposed and frayed wiring deficient materials deficient insulation and adequate ventilation by vent fan or window. Visually inspect the subject property both inside and out.

The appraiser must inspect the attic for evidence of possible roof problems. 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.