FHA Appraisal Requirements

• No chipping, cracking, or peeling paint should be found anywhere on the interior or exterior of the property
• All stairs must have adequate handrail systems in place
• All utilities must be on and operable at the time of inspection
• All faucets, commodes. showers. etc. must be functional
• No standing water or moisture in the basement
• Mold is an issue in basement or throughout the house  –check attic
• No notable step cracks or split block cracks in foundation walls
• Roof cannot have more than 2 layers of shingles and should not be showing any signs of needing replaced
• All windows and doors must be able to open and close
• Flooring — No missing or broken tiles, flooring/carpeting should not be worn through
• No broken or cracked window panes
• No missing or broken soffit, fascia, gutters, down spouts, siding, etc…
• GFI breakers in bathroom and kitchen near water sources
• All outlets, switches, and junction boxes must have cover plates.  No spliced wires outside of a junction box
• Garage door openers must have safety sensors
• Must have fire-rated door between the garage and home
• Make sure inspector has access to attic and or crawl space
• Manufactured homes  must be built after July 1976, have HUD tags attached, and be properly attached to HUD approved foundation.  Requires a foundation inspection by a HUD approved engineer

Visit the HUD website for specific property circumstances and or changes.

Click here to read full details….

reduce my commission by 1/2 %  Save $1,000 on a $200,000 listing!   Call

me today to set up an in home review to determine the value of your home!

(all fees are paid at closing, 6 month minimum contract required, this is not a company-wide program and only applies when you choose me as your REALTOR)

~

Mandie M Spudich

Realtor, ABR, SRS, QSC

Coldwell Banker

7562 Rt. 30

North Huntingdon,PA 15642

724 864 2121 ext 219

cell 724 205 1654

mandie@mandiespudich.com

www.mandiespudich.com

“The Real Estate Law requires that I provide you with a written Consumer Notice that describes the various business relationship choices that you may have with the real estate licensee. Since we are discussing real estate without you having the benefit of the consumer notice, I have the duty to advise you that any information that you give me at this time is not considered to be confidential unless and until you and I enter into a business relationship. At our first meeting, I will provide you with a Consumer Notice which explains those business relationships and my responding duties.”

Seller Representative Specialist Designation

The SRS - Seller Representative Specialist - is the premiere seller agency designation, conferred by the SRS Council, recognizing real estate professionals who have completed special education in seller representation.

For more information of the SRS Designation please visit:

 http://www.srscouncil.com/srs/public/homeSellers/sellerBenefits.aspx

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          Click below for full article: http://www.forbes.com/2010/02/19/best-housing-prices-personal-finance-real-estate-affordable-homes.html

Reprinted from Forbes.com.