Fha home inspection report form
Here are some of the most common issues that homebuyers are likely to face.
If you use an FHA loan to buy a house, the property will have to be appraised and inspected by a HUD-approved home appraiser.Proximity to dumps, landfills, industrial sites that could contain hazardous materials.Minimum Property Standards What Are They?Water Heaters The water heater must meet local building codes and must convey with the property.The first step should be to work with the seller.You'll find it on the HUD.This can be frustrating, especially for buyers with limited funds and limited properties in their price range.
Many homes built before 1978 still contain lead-based paint, which is a potential health hazard.
That is his primary objective when visiting the house.
An appraisal is an expert assessment of a particular product or asset (in this case a house) to determine its value.Thats up to the to determine.These are the types of issues that send FHA loans off the track.(For related reading, take a look at Buying autodesk 123d design silent install a Foreclosed Home.).Structural Soundness Any defective structural conditions and any other conditions that could lead to future structural damage must be remedied before the property can be sold.The official FHA appraisal guidelines for 2017 state this clearly: "Required repairs are limited to those rename main user folder windows 7 games on xbox live marketplace repairs necessary to preserve the continued marketability of the property and to protect the health and safety of the occupants." Where to Learn More: HUD Handbook 4150.2 Most.Thus, most of their appraisal / inspection checkpoints have to do with health and safety aspects of the property.This is a commonly cited discrepancy during FHA appraisals.