A real estate appraiser will need to report the following points when conducting an FHA inspection. It is recommended that you prepare in advance by correcting any of the issues mentioned below before the real estate appraiser processes the FHA.
1. Utilities must be enabled and operational during the audit: the appraiser must inspect all utilities and mechanical systems to ensure their operation and functioning. This includes homes that are vacant. Utilities include heating / cooling systems, dishwashers, stove, lighting and plumbing products such as faucets and toilets. If utilities are not included, the appraiser will need to enter a condition in the assessment, and this will delay the lending process. The appraiser must then return to the property to verify that utilities are up and running.
2. Peeling / Chischaya paint on structures before 1978. The FHA problem with lead paint still exists. In homes built before 1978, any bevelled or peeling paint should be corrected. This consists of cleaning, grinding and repainting the affected area. Old paint must be cleaned and disposed of properly. See the link to the EPA website for more information about lead paint.
3. Absence of a carbon monoxide detector: In accordance with the 2010 Oxygen Poisoning Prevention Act of California 2010, detectors should be installed in every residential building that will be used to house people. This requires properties to have a detector in homes that have a device for burning fossil fuels, a fireplace, a heater, or a garage attached to a house.
4. Earthquake application to water heaters: water heaters should have a double strapping in the lower and upper third of the tank. The exception is "inaccurate" water heaters. In addition, overflow pipes and pressure relief valves (TPRV) must be present with the water heater.
5. Broken windows: for FHA, small cracks in the windows are not a big problem. However, if the window is broken or there are glass fragments, this is a security issue and this will need to be fixed.
6. Open / worn or unprotected wiring: exposed wires can cause a big jolt and / or fire and should be fixed. It is mainly found in old houses. It is also necessary to fix the missing covers and light switches.
7. Access to the attic and creep: The appraiser must inspect the attic with minimal “head and shoulders” in space. For the appraiser, there must be sufficient entrance to the attic and a place to walk. It is best to make sure that this area is clear prior to inspection for easy access by the appraiser.
8. Roof condition: The roof should not leak or allow moisture to enter the house. For the rest of the economic life of the roof should remain for two years.
As you can see, there are quite a few things an appraiser should check to ensure that they comply with the FHA safety guidelines. FHA valuation does not guarantee that the property is free and free from defects. We always recommend that a home buyer hire a certified home inspector. They are specially trained to study the condition of the house in great detail.
