Broomfield Home Appraisal Requirements Information

House for sale in the Broadlands. Broomfield CO homes for sale homeowners should be aware of FHA requirements for loan appraisals. Some of the concerns that a Broomfield FHA appraiser might have include items that are safety based, as opposed to cosmetic issues such as a missing handrail or a cracked window. Attics should always be ventilated and any evidence of water or fire damage, structural problems, exposed and frayed wiring or other hazards in either the attic or basement/crawl space must be noted and the appraisal must be conditioned on their repair/correction. Standing water in a basement/crawl space or bulging foundation walls are clear signs of deficiencies that require correction. Water collecting on the interior side of roof sheathing is a clear sign of leakage or system failure and the condition must be corrected. With all the hail damage that we have experienced recently on homes in Broomfield,the roof certainly will be a major focus for the appraiser.
If the appraiser observes defective paint in a home that was built before 1978, in the physical deficiencies or adverse conditions section of the appraisal report, the appraiser must enter an “X” in the appropriate “Yes” box, and note all areas were this condition exists. The caveat is, if the appraiser does not observe defective paint in a home that was built before 1978, an explanation is not required in the physical deficiencies or adverse conditions section of the appraisal report. Basically, if there is exposed wood because of peeling or chipped paint, it is an issue that must be addressed in a report. The appraiser is required to “condition the appraisal” on the repair of any existing lead based paint deficiencies that is noted in the appraisal report. Defective external paint surfaces in homes constructed post-1978 where the finish is otherwise exposed will require automatic repair.

FHA appraisers are required to observe the attic area. it is the responsibility of the person selling in Broomfield to provide clear access to the attic. The attic must be examined whether access is by pull-down stairway or scuttle, at a minimum, the appraiser must enter head and shoulders into the attic. When there is no safe access to the attic the appraiser is to note the inaccessibility in the appraisal report.

Feel free to call us at homewerks if you have a Broomfield real estate question, or if you would like to sell a home in Broomfield CO. We would be glad to help!

Shaun Werkele
Homewerks
303-250-4735

Broomfield Homes Appraisal Requirements Information

Broomfield Colorado homes for sale homeowners should be aware of FHA requirements for loan appraisals. Some of the concerns that a Broomfield FHA appraiser might have include items that are safety based, as opposed to cosmetic issues such as a missing handrail or a cracked window. Attics should always be ventilated and any evidence of water or fire damage, structural problems, exposed and frayed wiring or other hazards in either the attic or basement/crawl space must be noted and the appraisal must be conditioned on their repair/correction. Standing water in a basement/crawl space or bulging foundation walls are clear signs of deficiencies that require correction. Water collecting on the interior side of roof sheathing is a clear sign of leakage or system failure and the condition must be corrected. With all the hail damage that we have experienced recently on homes in Broomfield,the roof certainly will be a major focus for the appraiser.


If the appraiser observes defective paint in a home that was built before 1978, in the physical deficiencies or adverse conditions section of the appraisal report, the appraiser must enter an “X” in the appropriate “Yes” box, and note all areas were this condition exists. The caveat is, if the appraiser does not observe defective paint in a home that was built before 1978, an explanation is not required in the physical deficiencies or adverse conditions section of the appraisal report. Basically, if there is exposed wood because of peeling or chipped paint, it is an issue that must be addressed in a report. The appraiser is required to “condition the appraisal” on the repair of any existing lead based paint deficiencies that is noted in the appraisal report. Defective external paint surfaces in homes constructed post-1978 where the finish is otherwise exposed will require automatic repair.

FHA appraisers are required to observe the attic area. it is the responsibility of the person selling a home in Broomfield to provide clear access to the attic. The attic must be examined whether access is by pull-down stairway or scuttle, at a minimum, the appraiser must enter head and shoulders into the attic. When there is no safe access to the attic the appraiser is to note the inaccessibility in the Broomfield appraisal report.

Feel free to call us at homewerks if you have a Broomfield real estate question, or if you would like to sell a home in Broomfield CO.