One goal of an FHA appraisal is to make sure the home doesn't have any health and safety issues. Here are the 6 most common FHA appraisal issues:
1. carbon monoxide detectors
Carbon monoxide laws are different for each state - Minnesota requires a detector within 10 feet of each bedroom while Wisconsin requires one on each level. The links below are laws for each state with the exact requirements.
2. peeling paint
Lead-based paint was used in homes built before 1978, so peeling and chipping areas should be scraped and re-painted (with no chips left on the ground). It is often found on window sills and door frames.
3. exposed electrical wiring
Dangling wires from missing light fixtures are a shock hazard. Any exposed wiring should be fixed or inside a junction box. Also, electrical outlets and light switches need to have cover plates.
4. attic access
The attic needs to be viewed for an FHA inspection. Depending on the type of home, the attic access panel is usually in a hallway, closet, or along the knee wall.
5. water heater pressure relief valve
Most people don't pay attention their water heater until it dies. One safety issue FHA is concerned with is the pressure relief valve, and according to Minnesota code the pipe should be 18 inches or less from the floor.
6. patio door block
Depending on city code, a patio door should not have more than a 2 foot drop to the ground below. The easiest remedy is a block of wood that is affixed inside the track to prevent the door from opening.
If any of these issues are present, fixing them before the appraisal will help reduce the chance of a re-inspection and additional fees.
Do you have FHA appraisal questions? Leave a comment below or contact me.