Replacement of flat roofs.
Fha hud appraisal flat roof.
As with any other type of roof the appraiser is to look for signs that would indicate a possible roof problem.
At a minimum the appraiser must complete the following steps.
The appraiser must inspect the attic for evidence of possible roof problems.
Visually inspect the subject property both inside and out.
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.
The roofing must keep moisture out.
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.
Fha no longer mandates automatic inspection of flat and or unobservable roofs.
The appraiser must note in the appraisal that he she could not adequately observe the entire roof area and state which area s were unobservable.
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.
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.
Fha repair and inspection requirements for existing properties and revisions to fha appraisal protocol pages 2 3.
General information on property valuation and eligibility.
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.
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.
The roofing must be expected to last for at least two more years.
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.
Roofs and attics.
The solution will allow electronic appraisal files to be uploaded to a central location processed and checked against an fha defined rule set.
You can search to find specific types of appraisers by using the entry fields.
Accessed march 20 2020.
Appraisers welcome to fha s search for appraisers by location name or license.
Fha has procured an electronic appraisal delivery ead system which provides portal access to all hud approved lenders.
