If the required component is not visible during the site visit, provide a detailed comment. Each condition requires repair or further inspection. These conditions must be satisfied prior to closing for the mortgage to be eligible for FHA mortgage insurance. Please refer to HUD Handbook 4150.2, Section3-6 for guidance on HUD s General Acceptability Criteria. Also, refer to the protocol in Appendix D of the Handbook for repair and inspection requirement parameters.
Drainage Check the appropriate response for evidence of topographical problems.
Well, Individual Water Supply And Septic Check the appropriate response with regard to individual wells and septic system. Structural Conditions Check the appropriate response for evidence of structural condition problems. If the roof has less than 2 years remaining life, then the appraiser must call for re-roofing or repair. The condition must clearly state whether the subject is to be repaired or re-roofed. FHA will accept a maximum of 3 layers of existing roofing.