FHA Appraisal Requriements

Below is a list of the FHA appraisal requirements. I hope you find this helpful for your home buyers obtaining an FHA mortgage. This does not include everything, but does include what seems to be the most common problems. I hope that this may help to reduce the number of re-inspections thereby reducing overall fees to the customer.

1. Roof: Must have a minimum of 2 years remaining life. If the roof looks okay, the appraiser will assume it's serviceable and okay. However, if there are torn shingles or any obvious problems, i.e. apparent leaks, etc., the appraiser will call for an inspection.

2. Electrical: Exposed/naked wires are an obvious hazard and must be properly covered. Covered means switch plate covers, outlet covers, no naked wires hanging out of walls, electrical wire caps for splices must be contained in a junction box, etc.

3. No obvious signs of rotten wood, no obvious signs of wood-boring insects or other infestation, all exterior wood must have an all-weather covering (paint, siding, etc.).

4. Crawlspace: No standing water or excessive moisture, no debris since this invites infestation. Recommended minimum height of crawlspace is 18 inches.

5. All utilities must be on.

6. Plumbing: All fixtures should be present and functional. No leaks should be observed. Must have Hot Water.

7. HVAC must be functional.

8. Cooking source is required, i.e. Stove.

9. Windows must open. (On older houses, windows often get painted shut)

10. Carpets/Flooring/Walls should be in average condition overall with no major repairs needed.