Sat.Feb 07, 2009 - Fri.Feb 13, 2009

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FHA Appraisal Requirements – What You Need to Know

CP Home Appraisals

FHA Appraisal Tips. The following are excerpts from HUD Mortgagee Letter 2005-ML-48 regarding repair and inspection requirements. FHA Repair Requirements: Below are examples of minor property conditions that no longer require automatic repair for existing properties include, but are not limited to: * Missing handrails * Cracked or damaged exit doors that are otherwise operable * Cracked window glass * Defective paint surfaces in homes constructed post 1978 * Minor plumbing leaks (such as leaky f

article thumbnail

FHA Appraisal Requirements – What You Need to Know

CP Home Appraisals

FHA Appraisal Tips. The following are excerpts from HUD Mortgagee Letter 2005-ML-48 regarding repair and inspection requirements. FHA Repair Requirements: Below are examples of minor property conditions that no longer require automatic repair for existing properties include, but are not limited to: * Missing handrails * Cracked or damaged exit doors that are otherwise operable * Cracked window glass * Defective paint surfaces in homes constructed post 1978 * Minor plumbing leaks (such as leaky