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
New,
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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