FHA Guidelines For Agents
Course Content
Course Orientation - FHA Guidelines For Real Estate Agents
Course Orientation
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FHA Fundamentals & Minimum Property Requirements
What FHA Is — and Why It Matters to Your Business
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Why Minimum Property Requirements Exist
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HUD 4000.1: Your Reference Resource
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MPRs vs. MPS
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Defective Conditions & the Appraiser's Inspection.
What Counts as a Defective Condition
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The Three S’s: Safety, Security, and Soundness
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Readily Observable vs. Hidden Conditions
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Common Defective Conditions and Getting Ahead of Them
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When the Appraiser Requires Further Inspection
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Cost to Cure
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External Hazards & Site Conditions
What Are Externalities?
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Traffic, Noise, and Airport Proximity
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Overhead Power and Transmission Lines
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High-Pressure Gas Lines and Pipelines
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Storage Tanks: Above-Ground and Underground
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Oil and Gas Wells
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Soil Contamination and Environmental Red Flags
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