FHA FHA Property Inspection & Condition Assessment 2

Question 1

When appraising an FHA property, which utility systems must be 'on' and operational for the appraiser to complete the inspection?

Accepted Answer

All utilities including gas, electric, water, and heating

Answer

FHA requires all utilities—gas, electric, water, and heating—to be operational at the time of the appraisal so the appraiser can test and observe them.

Question 2

An FHA appraiser notices standing water in the crawl space. What is the appropriate response?

Accepted Answer

Call it out as a repair requirement and note the potential for moisture-related damage

Answer

Standing water in a crawl space is a health and safety concern that must be cited as a repair requirement and noted for its potential to cause structural and moisture damage.

Question 3

What is the FHA appraiser's responsibility when they observe evidence of active termite infestation?

Accepted Answer

Require a certified pest control inspection and report before value can be supported

Answer

FHA requires a certified wood-destroying insect (WDI) inspection when evidence of active infestation is observed, and any damage must be addressed before the appraisal can be completed.

Question 4

For FHA purposes, how must an appraiser handle a property where the garage has been converted to living space without permits?

Accepted Answer

Exclude it from GLA and note any impact on value and safety

Answer

Unpermitted converted garage space must be excluded from GLA and the appraiser must comment on any value, safety, or marketability impacts.

Question 5

Which of the following is NOT a Minimum Property Requirement (MPR) under FHA guidelines?

Accepted Answer

A two-car garage

Answer

A two-car garage is not an FHA Minimum Property Requirement; FHA MPRs focus on health, safety, and soundness rather than amenity preferences.

(FHA) Federal Housing Administration Appraiser Certification Practice Test

(FHA) Federal Housing Administration Appraiser Certification Practice Test

FHA FHA Property Inspection & Condition Assessment 2