How Many Years On A Roof For Fha

The fha official site adds the roof should have a remaining physical life of at least two years.

How many years on a roof for fha.

One of the fha rules for the roof requires the appraiser to report if it has less than 2 years remaining life and require it to be replaced. As with the va loan an fha loan requires that the roof on a home not be leaking. But that s not all the fha also requires a minimum amount of durability. If the roof has less than two years remaining life then the appraiser must call for re roofing or repair.

The appraiser must exercise sound judgment when evaluating roof condition. The appraiser must report if the roof has less than two years of remaining life and make the appraisal subject to inspection by a professional roofer. Page 489 adds the following. To be specific the following has been taken from the hud handbook 4000 1 regarding the fha rules for the roof.

According to the fha website they have clearly stated that the roof should be able to last for a minimum of two years. When the appraiser is unable to view the roof the appraiser must explain why the roof is unobservable and report the results of the assessment of the underside of the roof the attic and the ceilings. This of course is a judgment call that the appraiser is required to make. It also requires that the roof be functional for at least two more years from the date of purchase.

If the home you re considering purchasing does not meet these requirements a certification likely won t be granted. The roofing must be expected to last for at least two more years. The roof should have a remaining physical life of at least two years. The appraiser must report if the roof has less than two years of remaining life and make the appraisal subject to inspection by a professional roofer.

If it is determined that the roof has a remaining life of less than two years then it would be the responsibility of the appraiser to call for repair or the construction of a new roof. You ll pay 250 to 600 per square for a wood shingle roof and warranties run up to 30 years. The roof cannot have more than three layers of. If the roof has less than two years remaining life then the appraiser must call for re roofing or repair.

A wood shingle roof should be inspected annually and any split shingles should be promptly replaced. The appraiser must inspect the attic for evidence of possible roof problems. The roof should have a remaining physical life of at least two years.