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Looking for fha inspection list for full basement and exterior of house

by bills325178 from Sedalia, Missouri. Jun 19th 2016 Reply


William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,797 contributions

FHA inspections are done by the appraiser.. and the appraisals are typically 35 to 50 pages long, and that's just the final report.. Most appraisers take lots of pictures and take notes as they inspect the property and then once they get back to their office, they start going through the checklist.. FHA has appraisal guidelines which must be met (http://www.fhahandbook.com/docs/41502ch3.pdf), but this is not the boilerplate checklist the appraiser uses.. it's the guideline requirements FHA calls for.. Understand that the appraiser is looking for property deficiencies that deal with the safety and health concerns of the occupants.. If any deficiencies exist.. they must be corrected before the lender will finance the property.. Broken windows, missing hand rails, exposed wires, evidence of mold.. these are just a few items for illustration, but in reality, the list is much more extensive.. Also understand that the FHA inspector is not a "Home Inspector".. The appraiser will only notate the "obvious".. in most instances, they do not climb in crawlspaces or attics.. they do not walk the roof or inspect chimneys, nor will they remove the cover plate to your electrical service.. etc.. But if they see something in the open, they have to make note of it.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Jun 20th 2016
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Larry Gray (lgray_312_247)
#4 ranked lender in California - 1,127 contributions

The FHA appraiser clearly points out they are not a licensed home inspector. They are qualified to meet FHA guidelines in appraising homes for which primarily they are concerned with issues of health and safety. If they spot obvious damage to a wall or any part of the wall or structure in the basement they may require it be patched up and painted or whatever is broken be fixed. However, they only look for the obvious issues regarding health and safety and needed repairs. They are not a termite and pest inspector and will not be fully inspecting for those critters, but again only looking for the obvious damage. Things need to be in working order such as sinks, toilets. It should not look a construction zone with torn up carpet, etc.Same on the outside of the house...looking for obvious damage...i.e. exposed wood, dryrot, missing shingles, etc. Patching up things and painting them or repairing damage on the roof could be sufficient to pass inspection by an FHA appraiser.

Jun 20th 2016
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Sara Deere (SARAinMO)
#1 ranked lender in Kansas - 487 contributions

During the FHA appraisal the appraiser is looking for any safety issues that need to be fixed interior or exterior prior to the loan closing. The FHA appraiser is also looking interior and exterior including the area around the house for any cosmetic flaws that can be done within a certain time period after the loan closes. An inspection is another out of pocket costs completely separate from the appraisal. If you have anymore questions, please contact me at 816-739-6279.

Jun 22nd 2016
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