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Is Stove And Frig ?

Discussion in 'FHA/HUD and VA' started by Gregory Beck, Jun 25, 2011.

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  1. Gregory Beck

    Gregory Beck Senior Member

    6
    Aug 6, 2003
    Professional Status:
    Certified Residential Appraiser
    State:
    Florida
    Investor gutted house it's like new didn't put in the stove or refrigerator
    for fear of it being stolen prior to occupancy.

    Do I have to stip for the stove and go back or can I just state in the appraisal the above statement

    ad do it "as is"
     
  2. AnonApprsr

    AnonApprsr Elite Member

    0
    Jan 21, 2008
    Professional Status:
    Certified Residential Appraiser
    State:
    Massachusetts
    I use to think that a stove was necessary for a home to be livable, and would condition FHA/USDA reports on a stove. Than many people on this board told me I was wrong. I still think a stove is necessary for a home to be livable, but haven't had an opportunity to sign my name to an opinion on it yet.
     
  3. Michigan CG

    Michigan CG Moderator Staff Member Moderator

    218
    Nov 1, 2006
    Professional Status:
    Certified General Appraiser
    State:
    Michigan
  4. NORTON

    NORTON Senior Member

    0
    Oct 10, 2007
    Professional Status:
    Certified Residential Appraiser
    State:
    California
    per conversations with FHA / HUD, built in stove or oven get replaced, stand alone unit can be sold without.
     
  5. SutnNC

    SutnNC Senior Member

    8
    Nov 5, 2008
    Professional Status:
    Certified Residential Appraiser
    State:
    North Carolina
    A stove is not necessary/required per FHA. I have the reference from my local HOC in my office. I got something in writing b/c I could never seem to get a straight answer.
     
  6. realbiz

    realbiz Junior Member

    0
    Mar 14, 2008
    Professional Status:
    Certified General Appraiser
    State:
    California
    This is the way it has been handled out of the original LA office and now the Santa Ana office for years.
     
  7. AnonApprsr

    AnonApprsr Elite Member

    0
    Jan 21, 2008
    Professional Status:
    Certified Residential Appraiser
    State:
    Massachusetts
    I think a few people here said their local HOC said it wasn't required. Interesting. As I said, in prior FHA/USDA appraisals I had called for a stove to be installed to meet FHA/HUD's livability requirement. I haven't had an FHA/HUD without a stove, or without a stove already required per contract, since it was argued I was wrong on the board.
     
  8. Smokey Bear

    Smokey Bear Elite Member

    0
    Dec 8, 2004
    Professional Status:
    Certified Residential Appraiser
    State:
    California
    They're personal property. Personally, I'd like to pick out my own stove and fridge, thank you very much.
     
  9. Mr Rex

    Mr Rex Elite Member

    155
    Jan 12, 2004
    Professional Status:
    Certified Residential Appraiser
    State:
    North Carolina
    From: http://www.fhaoutreach.gov/FHAFAQ/

    Must a new or existing home have a stove in order to be eligible for FHA financing?
    Answer

    Neither a new home nor an existing home has to have a stove in order to be eligible for FHA financing.

    Handbook 4905.1 REV1, Section 2-5'

    Reference

    'Handbook 4905.1 REV1, Section 2-5'
    Referral Location
     
  10. Gregory Beck

    Gregory Beck Senior Member

    6
    Aug 6, 2003
    Professional Status:
    Certified Residential Appraiser
    State:
    Florida
    Thank you all for the correct answer I sent the appraisal in as is.
     
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