FHA Single Family Housing Policy Handbook 4000.1, Part IV — g. Salvage (05/09/2022)
FHA Single Family Housing Policy Handbook 4000.1, Part IV — g. Salvage (05/09/2022).
Verbatim regulatory text
Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, Part IV — g. Salvage (05/09/2022) — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
FHA Single Family Housing Policy Handbook 4000.1, Part IV — g. Salvage (05/09/2022)
g. Salvage (05/09/2022) If the repossessed Manufactured Home is in such poor condition that it cannot be made usable again, the Appraiser must demonstrate that fact. The appraisal should reflect the Manufactured Home’s salvage value and the method used to determine the value.