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 hud appraisal flat roof.
Replacement of flat roofs.
Fha has procured an electronic appraisal delivery ead system which provides portal access to all hud approved lenders.
You can search to find specific types of appraisers by using the entry fields.
At a minimum the appraiser must complete the following steps.
The appraiser must inspect the attic for evidence of possible roof problems.
Since we now know what an appraisal is not let s look closer at what the appraisal and the fha rule for the roof should tell us about its condition in order to make better informed decisions.
General information on property valuation and eligibility.
Appraisers welcome to fha s search for appraisers by location name or license.
The condition of the roof is important as it s a major source of headaches for a home owner if there is a problem down the line.
Property valuation and appraisals 1.
Appraisal requirements for fha mortgage loans are found in hud 40001 and include guidelines for electrical systems plumbing paint and also requirements for the roof.
For example if your search is for a list of all active appraisers in washington d c the important fields to fill would be the state and city fields.
Appraisers are not required to walk over the roof but instead observe it from ground level as well as from.
Overview of fha appraisal guidelines for 2020.
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Visually inspect the subject property both inside and out.
The solution will allow electronic appraisal files to be uploaded to a central location processed and checked against an fha defined rule set.
Accessed march 20 2020.
Fha no longer mandates automatic inspection of flat and or unobservable roofs.
The roofing must keep moisture out.
Roofs and attics.
In order to pass the appraisal process the roof must also provide reasonable future utility durability and economy of maintenance according to the fha official site.
For starters the roof must do what it s designed to do fha and hud regulations say it must not leak or allow moisture to enter the home.
Fha repair and inspection requirements for existing properties and revisions to fha appraisal protocol pages 2 3.
