On July 9, 2020, the Federal Emergency Management Agency (FEMA) has announced that federal disaster air with individual has been made available in the state of Utah period of March 18th-April 17th, 2020.

Individual Assistance FEMA Link FEMA Notice Date
Davis and Salt Lake County

A property located in a disaster area, an interior and exterior disaster inspection is required to confirm that no damage has occurred to the subject property.  The property is sound, habitable and in the same condition as when it was appraised.

It there is any damage to the property, the repairs must be completed prior to close.

FHA Damage Inspection Requirements: Per Handbook 4000.1 II.A.7.c states, “All Properties with Pending Mortgages or endorsements in Presidentially Declared Major Disaster Areas (PDMDA) must have a damage inspection report that identifies and quantifies any dwelling damage.  The damage inspection report must be completed by an FHA Roster Appraiser even if the inspection shows no damage to the Property, and the report must be dated after the Incident Period (as defined by FEMA).” 

VA IRRRLs, VA does not permit the Veteran to be charged for the appraisal fee.

The Streamline, PIW or ACE offer may not be exercised, and a full appraisal is required for property that is in a FEMA declared disaster.

Should you have any additional questions, please contact your Account Executive.

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