FHA Home Inspections

Many wishing to realize their dream of homeownership have had to become creative in their approach. Even though home prices and mortgage rates have remained low, the economic turbulence over the last decade has some poised on the brink of buying, to rethink their options. One of the best ways that first time homebuyers can get their piece of the American Dream, is by applying for an advantageous Federal Housing Administration (FHA) loan.

The difficult part about applying for an FHA loan is that there is an FHA home inspection requirement. The government sets high standards for the houses that they will finance so in a way, it is advantageous to prospective buyers who may be thinking more with their hearts than their heads at this time. They may have fallen in love with a house, but are unaware of structural flaws it may have and they are completely unprepared to overcome the probably financial hardships that purchasing a home with hidden flaws will really cost.

The FHA, by requiring that the property meet minimum standards is designed to protect the lender. This means that the property would be easier to sell and command a better price should the borrower default and the lender,has to step in and foreclose. So it is a true case of a win-win. The new homeowners purchase a house that is free from major defects and the lender is assured that in the event of foreclosure, that they will be left with a saleable property.

Trust Your FHA Home Inspection to a Certified FHA Inspector

Safety

The home should protect the health and safety of the occupants.


Security

The home should protect the security of the property.


Soundness

The property should not have physical deficiencies or conditions affecting its structural integrity.


Not much of what was said above may make sense to prospective homebuyers, but the directives are clear to FHA inspectors. The details when performing an FHA home inspection are many. One call to Housebusters, Inc. and you’ll be one step closer to realizing your dream of home ownership. Contact the office directly or click on schedule an appointment to schedule your FHA home inspection.