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HUD-FHA Minimum Property Standards (AHA450H)

Presented By : Paul Flogstad
(*) Single User Price. For multiple users please call 1-800-223-8720
Pre Recorded Webinar
60 minutes
  •  Thu, April 9, 2015
Event Description
See the sneak peek before you buy!

Learn the Requirements for Homes Financed with HUD and FHA Mortgages

The Minimum Property Standards (MPS) establish certain minimum standards for buildings constructed under HUD housing programs. This includes new single family homes, multi-family housing and health care type facilities. However, there is one major area of difference between the MPS and other model building codes: durability requirements. Homes and projects financed by FHA-insured mortgages are the collateral for these loans and their lack of durability can increase FHA's financial risk in the event of default.

FHA-HUD requires minimum standards before they will insure the mortgage on the home. You will learn such things as what safe access is, what are hazards, construction details, drainage, minimum room count, sanitation and what utilities are required to be in place.

FHA is strict with its rules and this is in respect to property condition. It will not insure homes failing to meet basic safety and habitability requirements. This conference by Paul Flogstad will help you learn what these requirements are.

In this program, you will learn:

  • What are the minimum property standards
  • How do they differ from other property standards
  • Are there minimum requirements for durability
  • What happens if there are no building codes
  • Does HUD accept properties built in areas where there are no building codes

Who should attend

  • Property managers
  • Property owners
  • Builders
  • Realtors
  • Lenders
  • Appraisers
About Our Speaker(s)

Paul Flogstad, Public Housing & Compliance ExpertPaul Flogstad
Paul Flogstad, a Certified Occupancy Specialist, Certified Manager of Housing, Certified Manager Of Maintenance, Site Based Budgeting Specialist, Tax Credit Specialist, Blended Occupancy Specialist, Certified Section 515 Specialist, RHM ( Registered Housing Manager) Professional Designation, Certified Instructor fo... More info

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    Event Title: HUD-FHA Minimum Property Standards
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