Home Selling in 22015>Question Details

I Don't Know…, Renter in Ottawa, Toledo, OH

How do you make your SFR FHA approved?

Asked by I Don't Know Anything, Ottawa, Toledo, OH Sat Mar 19, 2011

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Dan Tabit’s answer
Single family homes are generally FHA Approved. There are some issues that may come up in an appraisal they will require to be changed, like carpeting in a bathroom or safety issues, but free standing stick build homes are usually fine. Condos & Townhomes do have limitations depending on the complex in regards to home owner’s association reserves and pending lawsuits.
If either property has outstanding deferred maintenance issues like a bad roof or inoperable heating system, they would have to be improved first.
0 votes Thank Flag Link Sat Mar 19, 2011
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