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FHA inspection-inground pool

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Shane Self

Thread Starter
Freshman Member
Joined
Oct 21, 2003
Professional Status
Certified Residential Appraiser
State
Georgia
The subject has an inground pool that has no water, vinyl torn, etc.

The handbook states we are not required to observe recreational facilities.
I am giving the pool no credit but do I mention it as a safety concern even though the regs state we are not required to observe?
 

Doug Trites

Junior Member
Joined
Oct 17, 2007
Professional Status
Certified Residential Appraiser
State
Michigan
Safety issues are required to be address IAW FHA manual. What are you going to require to correct this safety issue?
 

Don Clark

Elite Member
Joined
Jan 17, 2002
Professional Status
Certified Residential Appraiser
State
Virginia
The subject has an inground pool that has no water, vinyl torn, etc.

The handbook states we are not required to observe recreational facilities.
I am giving the pool no credit but do I mention it as a safety concern even though the regs state we are not required to observe?

By recreational facilities, do they mean inground pools or the recreational facilities such as in a HOA or a Condo?

As to the inground pool. It is real estate. In that case you should estimate a cost to cure. I assume it is a safety issue if not filled with water, and some one could fall in and hurt themselves.

I would treat is as both a cost to cure and a safety issue. It cannot be merely forgotten about since it is part of the real estate.
 

Don Clark

Elite Member
Joined
Jan 17, 2002
Professional Status
Certified Residential Appraiser
State
Virginia
The subject has an inground pool that has no water, vinyl torn, etc.

The handbook states we are not required to observe recreational facilities.
I am giving the pool no credit but do I mention it as a safety concern even though the regs state we are not required to observe?


By recreation, are they referring to inground pools or recreational facilities in an HOA or Condo?

The pool is real estate. You cannot ignore it. I would do 2 things:

1. Call it a safety issue as someone could fall in and break their neck.

2. Call for repairs to bring the pool to useable condition.

I also suggest downloading the following:

http://www.HUD.gov/offices/hsg/mltrmenu.cfm
 
Last edited:

Charles Witt

Senior Member
Joined
Dec 13, 2002
Professional Status
Certified Residential Appraiser
State
Delaware
Fence with locked date.

I have called for a fence (with a lock on the gate) around the pool in quite a few appraisals in my area, FHA, VA or Conventional. Required by code and a definite safety issue! Many people do not have a lock on the fence!
 
Last edited:
Joined
Nov 7, 2005
Professional Status
Certified Residential Appraiser
State
Florida
a new vinyl liner runs about $3-4k depending on size and overall condition.
Filling in the pool about $1,000+- (if done by a contractor)
Pool cover (if a standard shape) would also work
 

Kevin A. Spellman

Senior Member
Joined
Aug 30, 2003
Professional Status
Certified Residential Appraiser
State
Massachusetts
The FHA and the VA top their lists with the safety and the welfare for the inhabitants of their insured loans. I would speak to buyer or the agent to state the intentions for the pool and make the appropriate adjustments, fill it or fix it.
 
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