31. Before performing an appraisal on a property involving new or proposed construction, the appraiser must have the following documents:

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31. Before performing an appraisal on a property involving new or proposed construction, the appraiser must have the following documents:
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Plans, Specs, Builder's certification form, Builder's warranty, all reports and information regarding the property and construction available (i.e. sales agreement, title report, any inspection/assessment reports. In our area the 10 year warranty is not required. plans and specs Plans, Specifications, and Builders Certification; it is assumed that the certification will inform the appraiser that the subdivision or project has been approved by FHA; if not, the appraiser should research for additional information regarding this issue. the address Improve PA rating what are the basic inprove PA approaches or formats what are the basic approaches or formats to improve the PA rating Rating errors Plans & Specs, Plat WHAT COULD WE USE INSTEAD OR ENLUIE OF A BULIDER 10 YR WARRANTY plans/specs/builders certification & 10 yr warranty 4150.2 4-3 NEW AND PROPOSED CONSTRUCTION REQUIREMENTS Before performing an appraisal for new or proposed construction, the appraiser must have the plans and specifications and a fully completed Builder's Certification. The lender must provide this information to the appraiser prior to issuing the assignment. Without these items, the property will not be acceptable for FHA insurance purposes.