FHA Appraiser - Appraisal Services, Inc.

Do you need an FHA Approved Appraiser?

FHA Approved Appraisers

We pride ourselves on staying current on the constantly changing regulations imposed by the Federal Housing Administration. Appraisal Services, Inc. currently has four appraisers who are approved thru the US Department of Housing and Urban Development and who are well versed in FHA requirements. We are proud of our reputation as being West Tennessee’s premier FHA appraisal provider. If you are in need of an FHA Appraiser for an FHA loan in West Tennessee, please contact us today. We'll do our best to help you right away.

The Department of Housing and Urban Development (HUD) has recently revised its minimum property standards to decrease the number of repairs and mandatory inspections required to qualify for an FHA Loan. Below are some of the most common repairs to consider before pursuing an FHA Appraisal.

LEAD PAINT -

If the home in question was built before the year 1978, any peeling, chipping, or chalking paint on the house, or any other structure on the property must be scraped, primed, and painted. If the home is built after 1978 HUD no longer requires painting of defective paint surfaces, in most cases. Any exposed wood will still require painting or covering to protect it from the elements.

STRUCTURAL DEFECTS -

Large foundation cracks, sagging floors or roofs, and wood that has significant deterioration are all conditions that require professional repair. Visible evidence of a past or present termite infestation or evidence or dry-rot will require a termite report. Leaking and worn out roofs require repair or replacement.

UTILITIES/MECHANICAL SYSTEMS -

In order to avoid a second trip fee for re-inspection, all utilities should be on at the time of the initial inspection. All mechanical systems must be operating. Loose wiring, open splices, and other hazardous conditions will require repair.

HEATING -

HUD requires that the property must have a permanent heat source. The heating and air conditioning system (if present) must be operating properly upon inspection. Space heating systems are acceptable if installed in accordance with local building codes. Combustible (oil/gas) heat requires exhaust ventilation.

WINDOWS -

Inadequate access/egress from bedrooms to the exterior of the home is unacceptable. This means that at least one window in each bedroom must open and close freely. This is to allow an escape route in case of fire or other emergency. If the windows have burglar bars on them they must have a release mechanism (at least one per bedroom).

CRAWL SPACE & ATTIC -

Access to both the attic and the crawl space is required. Both must have adequate ventilation. Crawl spaces must have sufficient clearance for inspection and maintenance.

PLUMBING -

Any major plumbing problems will require inspection and repair. Water heaters must have a pressure relief valve. Water Heaters should also have a drain pan underneath of them.