Fha Appraisal Attic Photo

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.

Fha appraisal attic photo.

Head shoulders. Fha hud requirement of 30 years. Head and shoulders is the alternate to a full inspection. And fha appraisal are very similar to appraisals performed for other lenders.

Fha requires that the appraiser observe the attic for evidence of needed repairs and non compliance with fha property eligibility requirements. Manufactured home appraisal report fannie mae form 1004c march 2005 required to report an appraisal of a one unit manufactured home. The appraiser is not required to disturb insulation move personal items furniture equipment or debris that obstructs access or visibility. Fha appraisers are required to observe the attic area.

Inspection the attic must be examined whether access is by pull down stairway or scuttle. Take a photo of each comparable sale transaction that is being used to support the appraisal. Fha s office of single family housing training module attic and crawl space inspection requirements clarifies that fha requires an inspection. 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.

The appraiser must observe the interiors of all attic spaces. 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. Please make sure to include both appraisal license and e o insurance copies. 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.

Front back left right sides of the property. 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. When there is no safe access to the attic the appraiser is to note the inaccessibility in the appraisal report.

Addition to your original photo. 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. Is an attic inspection required for fha.

If unable to observe the entire attic or crawl space area the appraiser must report the scope of the observation what. Fha is black and white on many issues but other times appraisers simply need to use good judgment. O attic and or crawl space when present.