Fha Roof Life Expectancy

The life expectancy of your roof depends factors that include the roof design and the climate you live in as well as the quality of installation and long term care.

Fha roof life expectancy.

Water heaters the water heater must meet local building. The appraiser must clearly state whether the subject is to be repaired or re roofed. Roofs in areas that experience severe weather such as hail tornadoes and or hurricanes may also experience a shorter than normal lifespan overall or may incur isolated. If the roof has less than two years remaining life then the appraiser must call for re roofing or repair.

There are instructions to the lender concerning issues such as encroachments overhead power lines safety and related issues. Fha minimum property requirements in hud 4000 1. 4905 1 rev 1 2 12 life expectancy. The life of a roof depends on local weather conditions building and design material quality and adequate maintenance.

Hot climates drastically reduce asphalt shingle life. Remaining economic life of the home. One of the fha rules for the roof requires the appraiser to report if it has less than 2 years remaining life and require it to be replaced. If the inspection reveals the need for roof repairs and the roof already has three or more layers of roofing the fha requires a new roof.

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. To be specific the following has been taken from the hud handbook 4000 1 regarding the fha rules for the roof. Hud 4000 1 has a section with guidelines concerning the minimum property standards for homes to be purchased with an fha mortgage. Page 489 adds the following.

The average life of roofing. Fha mortgage source is florida s leading fha loan resource. The roof should have a remaining physical life of at least two years. This of course is a judgment call that the appraiser is required to make.

But that s not all the fha also requires a minimum amount of durability. Installed correctly a new roof will last at least 15 years but the exact lifespan depends on the material. Here learn which roofing lasts the longest. The appraiser must visually examine the roof to determine whether deficiencies present a health and safety hazard or do not allow for reasonable future utility.

A home inspection paid for by the borrower would include a closer look at the roof than what is required here by hud 4000 1.