HUD Handbook 4000.1 IV.D.2.g: Salvage

Document: HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook
Section date: May 9, 2022
Version in Zeitro Strata: August 12, 2026
Where: page 1703 of 1872
Official text: HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook on the FHA website

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Page 1703

g. Salvage (05/09/2022)

If the repossessed Manufactured Home is in such poor condition that it cannot be made usable again, the Appraiser must demonstrate that fact. The appraisal should reflect the Manufactured Home’s salvage value and the method used to determine the value.

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