FHA Loan - Appraiser and Roof issues

[Luis A.]

When selling a property to a buyer that is getting an FHA loan and the time comes around for the FHA appraiser to do his appraisal. Is he going to inspect the roof and actually climb up there?

If so, could he require a new roof and/or roof repair if he finds something wrong with it?

Could installing a new roof be a condition for the loan to be approved?

Thanks,

[Bill Gulley]

Hi qk, yes he/she can and yes they could. Usually, an appraiser will stay on the ground, especially in cold icy weather, just for safety reasons! The use binoculars too! They use to be pretty tough, it seems they go in cycles of being very hard and then slack up to just tough! LOL I have had properties fail due to pin holes in window screens, where it looked like some kid pushed a pencil in the screen just hard enough to round the square openings! From what I have heard in my local area lately they seem to be pretty lenient since everyone is trying to dump properties and FHA seems to let more slide by, just an opinion I heard from a realtor! I learned long ago to never lose sleep over an appraisal! Deal with it as it comes. Another thing, since we are still in snow in some places, they might escrow for the roof if it is needed, so you could fix it and then obatin your escrowed amount, being about one and a half the amount estimated for repairs. Good luck, Bill