Fha Appraisal Roof Inspection

So what does the fha appraiser look for during this process.

Fha appraisal roof inspection.

Fha no longer mandates automatic inspection of flat and or unobservable roofs. Fha suggests that buyers independently have an inspection done. As with any other type of roof the appraiser is to look for signs that would indicate a possible roof problem. The fha requires that loans must close within 120 days of the appraisal and the original appraiser must return to the property within this timeframe to confirm that any necessary repairs have been made.

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. What does the appraiser look for. The appraiser must report if the roof has less than two years of remaining life and make the appraisal subject to inspection by a professional roofer what if the appraiser can t see the roof. The fha appraisal process typically takes the same amount of time as a conventional mortgage.

The primary areas of inspection are the roof the foundation lot grade ventilation mechanical systems heating electricity and crawl spaces when present. These are the minimum steps that must be performed during an fha home appraisal. That means it must be worth the purchase price and have such basics as electricity drinkable water adequate heat a stable roof fire exits and more. Otherwise a new appraisal is required and the process starts all over again although a 30 day extension is possible under some circumstances.

Here is the general. Water heaters the water heater must meet local building. Additionally the attic must be inspected for roof problems another. An fha appraisal is valid for 120 days.

How long does an fha appraisal take and how long is it good for. For a federal housing administration fha loan to be approved the home must pass an fha inspection and appraisal. When the appraiser is unable to view the roof the appraiser must explain why the roof is unobservable and report the results of the assessment of the underside of the roof the attic and the ceilings it cannot be emphasized enough that an fha appraisal is not meant to be a top to bottom inspection of the roof. There are some situations where it is not possible to see the roof because of the slope of the lot or because it could be covered with snow.

Eligible borrowers may be able to receive a 30 day extension. 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.