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FHA Requires Safety, Soundness and Security
FHA Requires Safety, Soundness and Security
Home buyers that plan to use FHA financing should be familiar with the FHA appraisal requirements. 
Michael Thornton, real estate appraiser and ActiveRain blogger has provided a summary of the FHA appraisal requirements.
If you wish to make comments that will be seen by Michael, please go to his original post.
Be sure to have your camera in hand to capture the special moments when you are out and about.

Longwood Gardens Orchid Extravaganza IMG_3921
Photograph by Roy Kelley using a Canon PowerShot G11 camera.
Roy and Dolores Kelley Photographs
FHA guidelines state that a house has to meet MPR (minimum property standards) for existing houses, and MPS (minimum property requirements) for new construction. FHA is very concerned with the three S’s: Safety, Security, and Soundness.
When a Realtor was asked what the three FHA S's were, he replied, "Stupid, more stupid, and seriously stupid FHA appraisers," which I thought was pretty funny, however, a little off the mark. The three FHA S's have to do with the following:
Safety: Per FHA, "Safety refers to the health, habitability and sanitary condition of the property." When determining what is safe and what is not, does ... more

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