What a Valuer Looks For During an FHA Inspection? - FHA Inspection Checklist

What a Valuer Looks For During An FHA Inspection? - FHA Inspection Checklist

An FHA assessor inspects the property while noting the structure and other significant elements, such as the layout. Additionally, he will look out for any dangers that must be fixed before an FHA loan can be granted for the home. Below, we list a few of these:

Roofing

The roof must be impervious to moisture and strong enough to survive two to three years. The top can only have three layers in total. If it does, they would need a new roof if the appraiser finds enough damage.

Structure Quality

The building's general construction must be in good condition to keep its occupants secure. This indicates that a property may fail an inspection due to significant structural deterioration, leaks, humidity, rotting, or termite damage. In this situation, repairs are necessary before the FHA loan may be approved.

Heating, Water And Electric

A good heating source must be present in each livable space. However, in regions with mild winters, there are some outliers. The water heater must also follow regional building regulations. Wires that are broken or exposed cannot be present in electrical boxes.

Safety Hazards

An appraiser would examine the property to look for asbestos or other potential safety issues. If the inspector discovers asbestos that might be damaged, additional inspection with an asbestos expert is required. Some risks, like poisoned soil, are not immediately apparent.

Location

If the property is located near a hazardous waste site defined by the federal government or in a very noisy region, it might not pass inspection. Here are a few local annoyances that might stop a house from passing an FHA inspections:

a lot of traffic
Being near radio or television transmission towers, high-voltage power lines, or an airport
Relation to other potentially explosive sites and a high-pressure petroleum line
proximity to numerous loud noise sources
On-site sources of oil and gas