"You scored a lot of points with us when you answered my specific questions straight up without any BS. I think other Realtors would have told us what they thought we wanted to hear." - Brad Rosser
"As a first-time homebuyer, I was nervous about the entire process. Step by step, Joe made it easy and fun. His expertise in the Columbus real estate market is a tremendous asset. He is highly recommended!" - Nicolette Horan
"I wanted to say thank you again, so much, for all your hard work. I know that you really put a lot of time into this transaction and I really, really appreciate it. I'm so happy I got the house and it all worked out and I just wanted to say thanks again, you did a great job and i really appreciate it. I will put that on the survey when they send it to me.
If there is ever anything I can do for you, please don't hesitate to give me a call. I will refer every single person I know to you. I'm going to go get my dog and we're going to sit on the floor of our new house and have a glass of champaign.
Thanks a lot Joe" -- Michael Mamp
This change was made as of Jan. 1, 06 but I still see some of these conditions having to be repaired as part of the FHA process. I know lenders are mostly aware of this as are most appraisers. To you, the home buyer or seller, it means being able to buy a house without having to negotiate repairs such as paint, handrails and cracked sidewalks and being able to sell your home to more people without the hassle of having to fix the nit-picky items FHA used to dwell on.
This is direct from the FHA to lenders:
FHA PROPERTY INSPECTION REQUIREMENTS
EFFECTIVE WITH APPRAISALS COMPLETED JAN 1, 2006 AND LATER, FHA NO LONGER REQUIRES THE FOLLOWING MINOR CONDITIONS ON EXISTING PROPERTIES TO BE REPAIRED.
* Missing handrails
* Cracked or damaged exit doors that are otherwise operable
* Cracked window glass
* Defective paint surfaces in homes constructed post 1978
* Minor plumbing leaks (such as leaky faucets)
* Defective floor finish or covering (worn through the finish, badly soiled carpeting)
* Evidence of previous (non-active) Wood Destroying Insect/Organism damage where there is no evidence of unrepaired structural damage
* Rotten or worn out counter tops
* Damaged plaster, sheetrock or other wall and ceiling materials in homes constructed post
[...] FHA Loans a Little Easier, Appraisers a Little Easier to work with thanks to new guidelines April 7th, 2006 Categories: buyers, mortgage It’s now a little easier to get an FHA Loan [...]
FHA Loans a Little Easier, Appraisers a Little Easier to work with thanks to new guidelines | Delicious Real Estate
December 7th, 2008
[...] FHA Loans a Little Easier, Appraisers a Little Easier to work with thanks to new guidelines April 7th, 2006 Categories: buyers, mortgage It’s now a little easier to get an FHA Loan [...]