Fha appraisal 4905.1 handbuch

HUD HOC Reference Guide Basements and Crawl Spaces Chapter 1 Appraisal & Property Requirements Page 1-25. A: Basements: Basements must be examined for dampness or wetness, any obvious structural problems and the condition of the furnace, hot water heater or other components located there.. Sump Pumps in Crawl Space and Basement Areas: Sump pumps are acceptable to HUD provided that they are The handbook states: "FHA appraisals are not a guarantee that the property is free from defects. The appraisal establishes the value of the property for mortgage insurance purposes only. Buyers need to secure their own home inspections through the services of a qualified inspector and satisfy themselves about the condition of the property." fileslib.