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An FHA appraiser will observe, analyze and report on whether a property meets the U.S. Department of Housing and Urban Development’s (HUD) “minimum property requirements.”
The Federal Housing Administration (FHA), also known as the Office of Housing within the Department of Housing and Urban Development (HUD), is a United States government agency founded by President Franklin Delano Roosevelt, established in part by the National Housing Act of 1934.
A disaster inspector at work in the United States assessing tornado damage to a house. A home inspection is a limited, non-invasive examination of the condition of a home, often in connection with the sale of that home. Home inspections are usually conducted by a home inspector who has the training and certifications to perform such inspections ...
A building inspection is an inspection performed by a building inspector, a person who is employed by either a city, township or county and is usually certified in one or more disciplines qualifying them to make professional judgment about whether a building meets building code requirements.
Roofing Issues. A home inspector will look for missing, curling, or crumbling shingles. Depending on its condition, or if your roof is over 20 years old, your inspector might suggest you budget ...
FHA loan: Insured by the Federal Housing Administration, FHA loans allow you to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 ...
805 - Lender's Inspection Fee; This is the lender's cost of inspecting a property – some may double check the appraisal provided by an independent appraiser 808 - Mortgage Broker Fee; This is the upfront charge that a mortgage broker charges. Brokers can also earn a “rebate” from the lender which is not listed here 809 - Tax Related ...
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