Fha Appraisal Attic Photo

Manufactured home appraisal report fannie mae form 1004c march 2005 required to report an appraisal of a one unit manufactured home.

Fha appraisal attic photo.

Front back left right sides of the property. Fha requires that the appraiser observe the attic for evidence of needed repairs and non compliance with fha property eligibility requirements. 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. The guidance in this faq is effective for case numbers assigned on or after september 14 2015.

Fha s office of single family housing training module attic and crawl space inspection requirements clarifies that fha requires an inspection. 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. Inspection the attic must be examined whether access is by pull down stairway or scuttle. That is what we have been doing and the new standards of observe and report are different than what we have been doing.

Head and shoulders is the alternate to a full inspection. Please make sure to include both appraisal license and e o insurance copies. Fha is black and white on many issues but other times appraisers simply need to use good judgment. Take a photo of each comparable sale transaction that is being used to support the appraisal.

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. 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. Photo requirements include photos of subject property.

O attic and or crawl space when present. If unable to observe the entire attic or crawl space area the appraiser must report the scope of the observation what. 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. At a minimum the appraiser must enter head and shoulders into the attic.

Fha hud requirement of 30 years. The appraiser is not required to disturb insulation move personal items furniture equipment or debris that obstructs access or visibility. Is an attic inspection required for fha. Fha appraisers are required to observe the attic area.

The appraiser must observe the interiors of all attic spaces. Head shoulders. Take photos of the property to be included within the loan file.