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a. Photograph, Exhibits, and Map Requirements (06/27/2025)
The Appraiser must include a legible street map showing the location of the subject and each of the comparable properties, including sales, rentals, listings, and other data points utilized. If substantial distance exists between the subject and comparable properties, additional legible maps must be included.
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II. ORIGINATION THROUGH POST-CLOSING/ENDORSEMENT D. Appraiser and Property Requirements for Title II Forward and Reverse Mortgages
4. Valuation and Reporting Protocols
The Appraiser must include a building sketch showing the GLA, all exterior dimensions of the house, patios, porches, decks, garages, breezeways, and any other attachments or outbuildings contributing value. The Appraiser must show the calculations used to arrive at the estimated GLA. The Appraiser must provide an interior sketch or floor plan for Properties exhibiting functional obsolescence attributable to the floor plan design.
The Appraiser must provide photographs as required in the table below and any additional exterior and interior photographs, reports, studies, analysis, or copies of prior listings in support of the Appraiser’s observation and analysis.
FHA Minimum Photograph Requirements Photograph Exhibit Minimum Photograph Requirements
• Front and rear of the dwelling
• Improvements with Contributory Value not captured in the front or rear photographs
• Street scene
• For Proposed Construction, a photograph that shows the grade of the vacant lot
Subject Property Exterior
• Kitchen, main living area, bathrooms, and bedrooms
• Any other rooms representing overall condition
• Basement
• Recent updates, such as restoration, remodeling, and renovation Comparable Sales, Listings, and Pending Sales
Subject Property Interior
• Front view of each comparable utilized
View
• Photographs of any negative or positive view influences that substantially affect value or marketability Subject Property Deficiencies
• Photographs of the deficiency or condition requiring inspection or repair