FHA Flooring Requirements

[Alpenglow]

I wanted to clarify the FHA requirement for flooring. The house I am appraising has a partially finished basement which has a bedroom. The basement bedroom is missing some pieces of flooring. Concrete floors are FHA acceptable, but would a partially finished basement require complete flooring?

 

[Terrel L. Shields]

I would not count it as anything other than "Other" - it's not GLA. It is an off-grade area. It's nothing to count a bedroom in. Good luck adding a supportable value.

 

[Dublin ohio]

The house I am appraising has a partially finished basement which has a bedroom.

Unless it has two methods of egress I would not call it a "bedroom"

 

[glenn walker]

I wanted to clarify the FHA requirement for flooring. The house I am appraising has a partially finished basement which has a bedroom. The basement bedroom is missing some pieces of flooring. Concrete floors are FHA acceptable, but would a partially finished basement require complete flooring?

Not in my opinion.

 

[J Grant]

FHA uses ANSI as part of URAR and ANSI says bare concrete floors are not counted as living space, besides any below-grade basement issues.

 

[glenn walker]

Cost to Cure under $500.00 cosmetic in nature not a H & S issue.

 

[J Grant]

Cost to Cure under $500.00 cosmetic in nature not a H & S issue.

ANSI says what it says.

 

[Tom D]

Well, i would let it go, unless it's a tripping hazard.
However, get a stip as to, does the missing flooring have an affect on value, and does it need to be fixed.

If you can see in the photo the missing parts then you have 2 choices.

So your options, patch the dam floor issues, or comment on why it isn't a meaningfull issue.

 

[glenn walker]

No floor mats in the car ? It's not a car with a floor. Lmao

 

[Terrel L. Shields]

No floor mats in the car ? It's not a car with a floor.

Had a car like that. The owner had spent two years in grad school in Boston. Had to put the tire tools in the back seat to keep from them falling thru the floor of the trunk. Bought it from a professor and doubled my money in 3 weeks.