Traditional Interior Appraisal Photo Requirement(Not COVID)

[NJ Valuator]

I may have been dreaming, but I thought that I read somewhere a couple of months ago that in addition to kitchen, all bathrooms, and main living area, photos of all rooms were now required. Am I losing it or did the requirements indeed change?

 

[Carnivore]

Question: Why would you not just as a normal practice not include photos of all rooms?

 

[NJ Valuator]

I do not recall ever stating that I do not take photos of all rooms(in addition to basement, inside of garages, utilities, street views in both directions, etc); I was simply just asking if it was a new Fannie Mae requirement to photograph all rooms.

 

[Mr Rex]

Fannie Mae's requirements haven't changed. Every client I have requires photos of all rooms, garage interior, and interior of detached buildings etc. Most now are requiring smoke and CO detectors. Of course FHA and USDA require attic and crawl space. So I just take all the potentially required photos every time to cover all bases. I usually have at least 2 15 photo addenda pages in every report.

 

[Carnivore]

Here read it for yourself. https://selling-guide.fanniemae.com...isal-Report-Forms-and-Exhibits-07-03-2019.htm

But not all Users of our services have the same expectations or requirements.

 

[Andy Taylor]

To be back in the good old days of three Polaroid subject photos (front, rear, street) and no comp photos.

 

[Sid Holderly]

Some AMC/Lenders have limited photos to 6 per page, thus, some reports have more photo pages than the rest of the report. One vendor has limited photos to 3 per page. Too many times I did not check the photo after taking it (camera switch gets bumped to odd setting), just take the time.

 

[Joe Flacco]

I like to shoot at least 2 shots of each room/space. One from the entryway of the room/space, and one from the opposite corner towards the doorways. The second shot facing the doorway is typically more descriptive than the first because it shows line of sight through door/entryways and often shows locations of bathrooms, closets and other rooms in relation to the room being shot. You can also see other details such as types of light switches and trim around the doorways and interior doors and hardware on doors. The first shot from the doorway typically just shows flooring, trim, windows.

 

[Joe Flacco]

Main spaces like kitchen / family room I might take 3+ of each space. It would be better if the software didn't reduce the photo quality so much but it is what it is.

 

[bnmappraisal]

As far as the OP, 99.9% of my lending assignments (direct lenders or AMCs) require pics (generally original/appraiser taken) of each and every room