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Need Advice for FHA Home

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Doug Meyer

Thread Starter
Senior Member
Joined
Sep 13, 2003
Professional Status
Certified Residential Appraiser
State
Indiana
Did an inspection yesterday of a single family dwelling. Had several issues with the property and wanted some additional guidance from the FHA pros here. The home has 7ft ceilings and several room additions. The property is in overall average condition but there is some evident problems such as weak bathroom flooring and wall that has been "partially destroyed. There is a space heater in the front room for auxiliary heating source. There are several outbuildings including a newer 2 car garage. One out building has fallen down and needs to be removed. Exterior of home has "wiring" hanging near the ground (old tv antennas). My question generally concerns the 7ft ceiling heights throughout most of the home and the front wall heater. The low ceiling height is acceptable? Would the front wall heater also be acceptable as auxiliary heating source as there are heating ducts and heat from the main furnace? Just need some confirmation on how to handle this case.

To top it all off they have probably been flipped upside down due to a Ameriquest "analysis" and consummation of a loan done 3 years ago.

Would like to back out of the assignment, but since the FHA number has been assigned, I cannot. Comments please!!
 

stefan olafson

Senior Member
Joined
Apr 2, 2003
Professional Status
Certified General Appraiser
State
North Dakota
The 7' ceilings probably aren't a problem unless you own the house and you 6'8" tall! If the auxiliary heat has been there for quite some time then it probably is okay, too. You know FHA Safe, Sound, and Sanitary! Is there value in the outbuildings other than the newer garage? Maybe mention them and say they don't contribute to the value.

If necessary call for an inspection of the heating system, call for removal of the debris from the fallen down building. Maybe tell the homeowner to cut the old antenna wires to save them a buck or two.
 
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