Selling a house to a buyer using an FHA-backed loan requires that your home pass an examination carried out by an FHA appraiser. The FHA has standards that all homes purchased utilizing the program has to meet before the release of capital. The inspection helps to ensure that the house is priced right for the current market and that it is livable in its current state. Since the buyer cannot buy your house with no property going through the inspection procedure, it is important that you prepare properly beforehand to be certain the house moves.
Perform a house inspection, searching for any flaws which might have an adverse effect on the safety or health of their new occupants. Have a clipboard with several sheets of paper and a pencil along with you during the inspection to indicate flaws found so that you can fix them later.
Inspect the outside of the House. Check for the presence of any toxic chemicals, standing pools of water or soil erosion, and be sure that there is adequate water drainage. Look carefully at the sidewalk, looking to determine if the road surfaces bordering the property contain a covering of all-weather material. Check the roof for damage using a pair of binoculars to find an up-close view. Roofs should have 3 years minimum remaining life to pass. Measure the openings of windows which open into rooms where people sleep. These windows have to have a minimum opening comprising 24 inches in height and 20 inches in diameter.
Assess attic and crawl spaces in the house. Check that there’s access to all attic and crawl space areas. Crawl spaces should have 18 inches of clearance or higher, and also the opening to attics have to be at least 14 by 22 inches. Make sure there’s venting in the attic and crawlspaces, and that there’s no standing water or rotting wood current.
Check for your home in the electrical system. Look carefully at the system, making sure that the chief service is 100 amp more and that the machine contains only one main shut-off breaker.
Examine the heating and cooling systems in the house to ensure that they are in working order. Make sure there are no leaks in the heating system; a licensed specialist might be necessary to carry out this check. Gas, all-electric and electric-start gas heaters have to be the primary heaters in your system, though wood and coal heaters are acceptable as secondary sources.
Search the hot water heater to be certain it has a safety release valve. The valve must discharge out the house. Discharge of this safety release valve at a basement comprising a drain is acceptable so long as the discharge line is between 6 and 24 inches . The basement drain has to carry the water out the house. Make sure that you have service records showing pumping of any septic tank gift sometime during a 5-year period before the sale.
Analyze the paint in old homes built before 1978 for chipping, as the paint might be lead-based and need removal.
Inspect the structure of the home for good care. Look for major problems like cracks in the foundation or pipes issues. Find any broken windows, doors or steps. Find any obstructed doors or steps which do not have handrails attached. Check the performance of electric garage doors if current, making sure that they stop or reopen if you place an item in the path of the door as it shuts.
Correct or fix any defects found during the testing and inspection procedure. Use licensed builders to make repairs which you are unable to make yourself. Perform major repairs to the structure of the house and attend to issues affecting occupant health first. Examples of major repairs are base cracks, termite issues, septic difficulties and lead paint. Make minor surface repairs such as little plumbing matters, carpeting replacement or cracked windows. When most homes can pass an FHA evaluation after only major fixes, its best to complete all repairs to keep the minor difficulties from falling the appraised value of the house.