Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 16 years ago,

User Stats

53
Posts
3
Votes
Ryan D
  • Real Estate Investor
  • Pittsburgh, PA
3
Votes |
53
Posts

FHA Loan & Appraisal

Ryan D
  • Real Estate Investor
  • Pittsburgh, PA
Posted

I have a FHA loan lined up to purchase a property but the property I am interested in has one issue with the foundation in the garage. The house is built into a hill and the garage is basically part of the basement. Where the ground has shifted during a heavy rainstorm some of the cinder blocks in the garage have cracked. The current owner said it has been like that for a year or so and the wall hasn't shifted any more. She also said that she had someone look at it who told her it wasn't an issue that needed to be fixed right away. I have heard that when getting an appraisal for an FHA loan the appraisers are pretty picky. One of the things I was told was be sure the paint looks good. Does anyone think this issue with the wall will prevent me from getting the FHA loan and therefore the property? I plan on getting the inspection but am more worried about the appraisal as I am not exactly sure how that works with an FHA loan.

Loading replies...