HUD Handbook 4000.1 IV.D.2.c: Condition Report

Document
HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook
Section date
Version in Zeitro Strata
Where
page 1702 of 1872

Page 1702

c. Condition Report (05/09/2022)

Prior to repossession, the Lender or its agent must make a visual inspection of the Manufactured Home and prepare a report regarding the condition of the home. The report must also detail the condition of any components or accessories that were financed with the Manufactured Home (e.g., refrigerator, air conditioner, etc.), and list any that are missing. The report must be retained in the case binder.

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