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8. Appraisal Exhibits and Photos (04/10/2025)
If the Manufactured Home is already set on the lot, the Appraiser must include a legible street map showing the location of the subject, and, when used, each of the comparable properties, including sales, rentals, listings, etc., utilized. If substantial distance exists between the subject and comparable properties, additional legible maps must be included.
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 out buildings 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.
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II. ORIGINATION THROUGH POST-CLOSING/ENDORSEMENT F. Appraiser and Property Requirements for Title I Loans
9. HUD Certification Label
FHA Minimum Photograph Requirements Photograph Exhibit Minimum Photograph Requirements
• Front and rear at opposite angles to show all sides of the dwelling
• Improvements with Contributory Value not captured in the front or rear photographs
• Street scene photograph to include a portion of the subject site
• For New Construction, include photographs that depict the subject’s grade and drainage
• For Proposed Construction, a photograph that shows the grade of the vacant lot
• For a Manufactured Home Lot Loan, a photograph that shows the above grade of the vacant lot
Subject Property Exterior
• Kitchen, main living areas, bathrooms, and bedrooms
• Any other room representing overall condition
• Basement, attic, and crawl space
• Recent updates, such as restoration, remodeling, and renovation
• For two- to four-unit Properties, also include photographs of hallways, foyers, laundry rooms, and other common areas
Subject Property Interior
• Front view of each comparable utilized
• Photographs must be taken at an angle to depict both the front and the side during the required exterior viewing of the comparable from the street when possible
• Multiple Listing Service (MLS) photographs are acceptable to exhibit comparable condition at the time of sale. However, Appraisers must include their own photographs as well, to document compliance
Comparable Sales, Listings, Pending Sales, Rentals, etc. (applicable to appraisals that use comparable approach)
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 Condominium or Leased Projects
• Additional photographs of the common areas and shared amenities of the Condominium Leased Project