Look What I Stepped Into

[athome77]

Haven't been doing too much FHA lately. Got a request for an FHA yesterday which is less than a mile from an inspection I already have scheduled for today. Stupidly, I accepted it before doing any research. Although the assessor's photo may be dated, it appears the property is going to need a lot of repairs. Any words of advice from the veteran urban FHA appraisers would be appreciated, just want to know if anyone has any CYA stuff I may not want to miss.
Thanks in advance for the help.

 

[Pittsburg_22_m]

I know this isn't helpful but that house is friggin ugly! Is it an apartment of some sort?

 

[CANative]

Be prepared to spend a lot of time at the site. Make detailed notes because you will be required to provide a cost to cure for any items which need to be corrected in order to meet minimum property requirements. You'll also need to do some due diligence in regards to the orientation of the improvements to the lot... It looks like it might be inside the set backs. Cover yourself in case there is an encroachment from either of the two properties.

Yuck.

 

[athome77]

Frame 2 unit, built 1888. Lot next door is owned by same owner as subject but has seperate PIN, will not be included in valuation. Big wall on the other side of vacant lot is an active railway. Also located on a one way dead end street (just kidding).

 

[Charles Witt]

One way in or out....or up or down?

 

[Pamela Crowley (Florida)]

WHERE does the owner actually live??????

 

[Mike Boyd]

Remember, only health, safety and stability (structural) issues need to be repaired.

 

[athome77]

Haven't been there yet. Assuming HO lives in 1 unit and the other is tenant occupied. Typical layout would be common entrance in front with door to first floor unit, stairs leading up to second floor unit, open rear porch with stairs from second floor to ground level. If I come across anything interesting I will post photos.

 

[Marcia Langley]

doesn't FHA have something to say about exterior walls being accessible for maintenance?

 

[Mountain Man]

I'd go look at it before worrying, it could be in better shape than indicated by an older assessor pic. But it is kindda ugly! LOL