Let an FHA Certified Home Inspector Explain the FHA Loan Process<\/p>\n
The FHA loan process can be confusing to someone buying a home, especially if it is your first home or the first time utilizing an FHA loan. One way to get a detailed explanation is to hire an FHA certified home inspector to examine the condition of the home you are looking to purchase. An FHA certified home inspector knows the laws and can better explain the loan requirements.<\/p>\n
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How the FHA Loan Has Changed<\/strong><\/p>\n The FHA loan requirements made some significant changes that took effect January 1, 2006. After this date, the FHA started accepting \u201cAs Is\u201d appraisals even if there were still minor issues to the property. The new requirements for repairs that must be completed allow cosmetic damage and normal wear. Some of the items that previously required repair but no longer do are: missing handrails, cracked\/damaged exit doors, cracked window glass, poor workmanship and worn\/soiled floor coverings.<\/p>\n <\/p>\n