HUD Handbook 4000.1 II.D.1.b: Additional Information Required before Commencement of an Appraisal on New Construction

Document
HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook
Section date
Version in Zeitro Strata
Where
page 827 of 1872

Page 827

b. Additional Information Required before Commencement of an Appraisal on New

Construction (09/14/2015)

The Appraiser must obtain, from the Mortgagee, a fully executed form HUD-92541, Builder’s Certification of Plans, Specifications, and Site, dated no more than 30 Days prior to the date of the appraisal order and documents related to New Construction, including plans, specifications, and any exhibits provided that will assist the Appraiser in determining what is to be built, or, if now Under Construction, what will be built when finished.

Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.