TOPIC: FHA Compliance Inspections

The compliance inspection report is used exclusively for new construction and 203K inspections.  You must be on the HUD approved 203K or fee inspector list to complete same.  A standard resale home purchase using normal FHA financing does not require any special FHA or HUD inspections or forms.  Just complete your normal inspection, unless otherwise requested by the lender....

Good Luck!

Will, how do you become a HUD approved 203K inspector?

Try here Louie:

www.hud.gov/offices/hsg/sfh/insp/inspectr.cfm

www.hudpass.com/inspections_203k.html

www.hud.gov/offices/hsg/sfh/203k/203kabou.cfm

Will, Thank You..

How do you like doing HUD inspections?

I only perform HUD/FHA Compliance Final Inspections.  They're relatively easy, but involve much scheduling, access and timing for completion issues.  I typically take an order from a lender.  They provide case and loan numbers, property address, buyers name, development and completion information.  Then the fun begins...

It may take several calls before someone from the development calls me back.  I find out the property is not on schedule and completion is delayed.  I report back to the lender that we're not able to schedule the inspection as yet, since we have some construction delays to deal with.  I check a few more times with the developer, only to find out that the property is now complete, but there is a delay with the utility company setting the gas meter.  No meter, no inspection.  I report back again to the lender with the update.  Throw in a couple of dry runs to the site when it's all complete only to find a garage full of construction debris and appliances, it is a little trying at times. 

The property must be 100% complete, all improvements in place, all utilities set and active and the property must be free of trash, construction debris, etc...

Quite a bit of travel involved as I perform them all over the state of California.  I've had multiple lenders ask me to perform FHA's in Nevada and Arizona, but HUD requires you be appropriately licensed in the states you intend to operate.  You also can't sub the inspection out.  You must be on the approved fee inspector list to sign off on the final inspection form...

I'm in Lathrop, CA for the next two days performing (5) FHA's....

Do you make more $ for your time?