Bare Concrete- Not Stained

[Terrel L. Shields]

There are better alternatives

Yep, but not much cheaper if you are simply trying to "get'ter dun..." You can bet the flipper in REOs are doing a lot of that - no reason to put down anything more expensive than they need to. Anything beats carpeting. And I've been around "bad" smelling carpeting...

 

[Riick]

no reason to put down anything more expensive than they need to

Point - to Mr. Shields

 

[davetherock]

thanks for the info" this is what the Atlanta HOC said- short and sweet--
Bare wood sub-floor and bare concrete are not insurable. The concrete will need to have floor covering to comply with HUD/FHA.

 

[CANative]

I just spent 10 or 15 minutes combing through the MPRs (existing construction) and found no requirements or mention of floor coverings. I did find a vague reference in the 90% finished description concerning new construction (which would be MPS - Minimum Property Standards.) Did you ask the contractor at Atlanta HOC to cite a source for their opinion?

 

[hastalavista]

Is polished concrete not an acceptable floor?

 

[Mr Rex]

The guy at HOC contradicts their own FAQ.

3rd item down on page 6:

http://portal.HUD.gov/hudportal/documents/huddoc?id=pfaq.pdf

 

[CANative]

The floor covering requirement is among a list of "buyer preference items which also includes appliances, fixtures and landscaping.)

I think Atlanta HOC is in error.

 

[Marty Boone]

The guy at HOC contradicts their own FAQ.

3rd item down on page 6:

http://portal.HUD.gov/hudportal/documents/huddoc?id=pfaq.pdf

I agree, that is what added to the thread at post #5.

 

[Peter LeQuire]

Is polished concrete not an acceptable floor?

In my career, I've seen stained, polished concrete floors (inside the heated and cooled envelope) in 3 houses. I'm not a high volume appraiser, but there is probably a legitimate question whether they are "accepted" in this market.

 

[hastalavista]

I think you are correct that the market acceptance of a polished concrete floor needs to be evaluated- one of the most high-end, modern-designed homes I did, In Napa County (wine country) had the polished concrete as the majority of its flooring.
But I would consider that a market adjustment consideration and not a MPR consideration, no?