HUD anuncia numerosos cambios en el Manual 4000.1
El 18 de enero del 2023, HUD emitió un anuncio sobre las revisiones realizadas al Manual 4000.1. Según el anuncio, las revisiones incluyeron “mejoras y revisiones de las pautas existentes y varias ediciones técnicas”.
La más importante de estas revisiones fue la eliminación del requisito de incluir el formulario 1004MC como anexo al informe de tasación.
Los cambios al Manual también incluyen varias otras ediciones y aclaraciones menores, pero sin embargo significativas, a los requisitos de evaluación de la FHA, que incluyen:
1. If the subject property has no deficiencies of MPR or MPS, the appraiser must clearly state this in the appraisal report.
2. If the subject property is located in a PUD, the appraiser must identify the name of the PUD, check the PUD box on the form, and indicate the HOA fee per month or per year.
3. Under “Minimum Requirements for Living Unit,” a clarification was added to state: “Every living unit must have at least one area with kitchen facilities, which must include, at a minimum, a sink with potable running water and a stove utility hookup.”
4. Under “Accessory Dwelling Unit” the following clarification was made: “The appraiser must measure the Contributory Value of the ADU by applying techniques based on one or more of the recognized three approaches to value: cost approach, income approach, and sales comparison approach.”
5. Under “Gross Living Area,” the following sentence was added: “The Appraiser may apply a supplemental measurement standard if it does not conflict with these requirements and the Appraiser discloses the use of the standard.” As such, HUD acknowledges that appraisers are permitted to use ANSI Z765 measurement standard in FHA appraisals, but are not required to do so.
6. Under “Attic Observation Requirements,” a clarification was made regarding the appraiser’s obligation to “safely” access the attic. The language requiring a minimum “head and shoulders” access into the attic was deleted.
7. Under “Crawl Space Observation Requirements,” significant revisions were made, including removal of a bullet point list of MPR/MPS criteria for the crawl space. Also, language requiring a minimum “head and shoulders” access into the crawl space was deleted.
8. Under “Individual Water Supply Systems,” a revision was made regarding the appraiser’s reporting requirements when the property is serviced by dug wells, cisterns, or holding tanks used in conjunction with water purchased and hauled to the site.
9. Under “FHA Appraisal Requirements for Market Conditions and Changing Markets,” revisions were made regarding the appraiser’s obligation to research and report market conditions. If the market trends are identified as “increasing” or “declining” the appraiser must provide an absorption rate analysis, at least two comparable sales that closed within the prior 90 days, and a minimum of two active listings or pending sales on the sales comparison grid. (Formerly, this was only required in declining markets.)
Los cambios descritos en el Manual pueden implementarse de inmediato, pero deben implementarse para los casos de la FHA asignados a partir del 18 de abril del 2023.
Tenga en cuenta que los prestamistas originales de la FHA pueden emitir requisitos de “superposición” que se suman a los requisitos de HUD/FHA. Como tal, los prestamistas individuales pueden continuar requiriendo que los tasadores usen el 1004MC, aunque HUD no lo haga. Se aconseja a los tasadores que consulten con el prestamista de origen sobre el 1004MC. Por supuesto, la eliminación de este formulario no afecta la obligación del tasador de realizar un análisis apropiado del mercado de la propiedad en cuestión, incluidos los factores de oferta y demanda que influyen en el valor.
En el sitio web de HUD se puede acceder a una copia “Redline” del Manual 4000.1 revisado, con las revisiones claramente indicadas tachadas y subrayadas.