Fha Snow Covered Roof

If the roof has less than two years remaining life then the appraiser must call for re roofing or repair.

Fha snow covered roof.

We don t charge any more for the inspection when we have to trudge through the snow. Fha underwriting guidelines table of contents 02 24 2020 2. Appraisal requirements for fha mortgage loans are found in hud 40001 and include guidelines for electrical systems plumbing paint and also requirements for the roof. The borrower must be informed that the roof was snow covered at the time of the appraisal and that it is acceptable to the purchaser without any warranty or guarantees from hud fha.

Clearing of the snow cannot be completed due to extreme situations document the situation and complete snow removal as soon as possible. The condition of the roof is important as it s a major source of headaches for a home owner if there is a problem down the line. How much of a discount do you offer when things are snow covered. Excessive snow clearing or the plowing of a private road is necessary.

The roof should have a remaining physical life of at least two years. Federal housing administration fha loans must meet safety security and soundness standards which includes areas like roofs electrical water heaters and property access among others. When roof coverings are buried in snow they can t be inspected. The appraiser must clearly state whether the subject is to be repaired or re roofed.

Excessive snow is present on the roof and snow from roof is causing damage provide bid via hometracker to remove. To be specific the following has been taken from the hud handbook 4000 1 regarding the fha rules for the roof. This of course is a judgment call that the appraiser is required to make. It s a lot more work for us to inspect houses when there s a lot of snow on the ground but it s ok.

Among the most frequently asked questions that figure on most people s minds when it comes to borrowing an fha loan pertain to fha appraisals and the minimum qualifying criteria for the roof of the borrower s home. But that s not all the fha also requires a minimum amount of durability.