Fha Appraisal Attic Photo

And fha appraisal are very similar to appraisals performed for other lenders.

Fha appraisal attic photo. Front back left right sides of the property. Addition to your original photo. 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. 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.

Take a photo of each comparable sale transaction that is being used to support the appraisal. When there is no safe access to the attic the appraiser is to note the inaccessibility in the appraisal report. 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. Photo requirements include photos of subject property.

Manufactured home appraisal report fannie mae form 1004c march 2005 required to report an appraisal of a one unit manufactured home. Please make sure to include both appraisal license and e o insurance copies. Fha requires that the appraiser observe the attic for evidence of needed repairs and non compliance with fha property eligibility requirements. O attic and or crawl space when present.

Head shoulders. At a minimum the appraiser must enter head and shoulders into the attic. Take photos of the property to be included within the loan file. The appraiser is not required to disturb insulation move personal items furniture equipment or debris that obstructs access or visibility.

If unable to observe the entire attic or crawl space area the appraiser must report the scope of the observation what. Inspection the attic must be examined whether access is by pull down stairway or scuttle. Fha appraisers are required to observe the attic area. The appraiser must observe the interiors of all attic spaces.

That is what we have been doing and the new standards of observe and report are different than what we have been doing. Fha hud requirement of 30 years. 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. Fha s office of single family housing training module attic and crawl space inspection requirements clarifies that fha requires an inspection.

Fha is black and white on many issues but other times appraisers simply need to use good judgment. Is an attic inspection required for fha. 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.