FHA -Homes Meeting The Requirements


So you’ve got your pre-approval and your all ready to get out there and find the perfect home for you and/or your family. You’re pretty excited, because you were able to get financing using the FHA program, allowing you to only have to put between 3%-3.5% down.

So, what does it take for a property to meet minimum FHA requirements?


For a home to meet FHA minimum requirements everything must work as it was designed to. For example, windows should open & close. Built-in appliances should operate properly.  If you have a sliding glass door with a lock on the handle, the lock should work.  A good way to understand this is to ask yourself, if a potential homeowner were to go in the house and try to operate the different components, would they work? If not, then it should be fixed.

Here is a breakdown:

  • Appliances must be in functional use.  If there is a hood, it must work. If there is a dishwasher it must work.
  • The HVAC unit must be in working order, no odd noises.
  • Paint must not be chipping, peeling, or flaking on homes built before 1978. There must be no defective paint or exposed wood for properties built before 1978. If there is an issue with paint, it needs to be cured properly by actually scraping the paint instead of just painting over with new paint. The removed paint must then be removed from the premises.
  • The water heater must be in working order.
  • The attic must be inspected to make sure that there are vents, no evidence of a previous fire, no exposed or frayed wires, and that sunlight is not beaming through.
  • The water pressure must be adequate for the house. Appraisers flush toilets, turn on all faucets, and ensure that both hot and cold water are working.
  • Attic crawl spaces are to be viewed at least with head and shoulders into them ( if present)
  • The  crawl space must be inspected to make sure there is no excessive debris or signs of standing water or any other foundation support issues.
  • Electrical outlets must be work.
  • Toilets must flush
  • There should be no leaks in the roof. It cannot have more than 3 layers of shingles.
  • The carpet does not have to be perfect ( stains or minor tears ok). If there is a health or safety issue with the flooring, then that is a red flag.
  • A house does not need new interior paint.
  • Windows cannot be broken.  Cracks can be okay as long as there is not an issue with safety, soundness and security.
  • No dangling wires from missing fixtures.
  • Water heaters must work and be properly installed.
  • Stoves are not required unless they are  drop in stoves.
  • Vapor barrier in the crawl space is no longer required as long as there is no moisture issues.

FHA is primary concerned that everything in the house functions properly, and that there is no health and safety issue.

This his same formula would be used for a VA loan as well.As long as you, and your agent are aware of the requirements, finding the perfect home for you makes it a little easier to find.




Just last week alone, I sat down with 3 new buyers and found that even after doing a little research, they were somewhat confused about what is actually necessary to qualify for a home mortgage loan in today’s housing market.

Overall you’ll Need:

  • Down Payment
  • Generally between 5-20% of the purchase price. A high percent of buyers are putting down less than 10%- with many that putting down as little as 3%.
  • Income Verification,
  • Credit History & Asset Documentation
  • Impartial Third Party Appraisal ( This is something your lender will need to verify the value of the house you want to purchase. 
  • Stable income and a Good Credit History. 


So the steps to take to getting a mortgage:


1. Find out your current credit history and score. This way, you don’t find any hidden surprises.

2. Gather as much of your documentation. ( Income Verification-( W-2 Forms, tax returns,   employment), credit history and assets ( such as bank statements to verify your savings.

3.Contact a Mortgage Professional to help you determine how much you can afford and develop a spending plan.

4. Review with your lender, your income, expenses, financial goals to help determine the type and amount of mortgage you qualify for.

5. Once you’re ready, speak with your lender about applying for a mortgage & getting a pre-approval letter. ( You’ll need this letter, which will provide an estimate of what you might be able to borrow. In addition, it let’s the owner know that you’re a serious buyer.


The above Real Estate information on WHAT DO YOU REALLY NEED TO QUALIFY FOR A MORTGAGE? was provided by Realtor® Tanya Medina, a dedicated and innovative real estate specialist/consultant. Tanya can be reached via email at tanyamedinasellshomes@gmail.com, or by phone at 978-347-5818. Tanya’s office has been helping people move in and out of many Metrowest and Middlesex County Massachusetts areas for over 20+ years.

Thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise! Contact me for a Free Home Market Analysis. MassRealEstateGroup.com

I service Real Estate sales in the Metrowest MA towns: Ashland, Bolton, Framingham, Franklin, Marlborough , Maynard, Mendon, Milford, Millbury, Millville, Northborough, Sudbury, Shrewsbury, Southborough, Stow, Sutton, Wayland, Westborough, Weston, and Worcester MA. 

Also areas of Cambridge, Lexington, SudburyWayland, Weston, Wellesley, & Winchester.

5 Strategies For Home Buyers During The Spring

The spring home-buying  is underway, and this year buyers in some markets will face an increased amount of competition due to low housing inventory. In fact, the most recent existing home sale report from the National Association of REALTORS® cautions that “Insufficient supply appears to be hampering prospective buyers in several areas of the country and is hiking prices.”


Real estate professionals around the country are echoing the concern about the lack of available housing options. “The [housing] recovery appears slow due to a lack of inventory and a low participation rate among first-time buyers, but it’s still a competitive seller’s market,” says David Yocum, a Redfin agent from Chicago.

In order to be successful in competitive markets, buyers need to be strategic in how they approach finding their dream home. Here are five tips they can incorporate into their home buying process that will prepare them with all of the information they need.

Step Away from the Computer

Despite the fact that large amount of home buyers start their search online, buyers should also consider getting outside and canvassing their desired neighborhoods. In a low inventory market, it’s important to to be proactive and not waste time weighing options, because by that time, the property might be off the market. “In our market we hope for a burst of new inventory in the spring, but that doesn’t always happen,” cautions Richard Seaton, vice president at TTR Sotheby’s International Realty in the Washington, D.C., area. “Even if that burst comes, demand will outstrip supply, so buyers have to be in a position to make a decision quickly.”

Get to Know the Current Housing Market

Every housing market is different, so it’s important to do research on the market and neighborhood trends. Finding a good real estate agent and keeping up with local real estate news is crucial for buyers to understand the nuances of their local housing market. “Buyers need to get up to speed quickly on market values so they know the right decision when it presents itself,” says Yocum. “The more quickly buyers can educate themselves, the more successful the home search will be.”

Grab Those Low Mortgage Rates—Before it’s too Late!

While mortgage rates continue to hover below four percent, buyers might not be able to enjoy these low rates forever. “With all indications pointing to a rate increase from the Federal Reserve this year – perhaps as early as this summer – affordability concerns could heighten as home prices and rents both continue to exceed wages,” says NAR chief economist Lawrence Yun.

Create a Dynamic Team

The fast pace of the most competitive housing markets means buyers have to be in a position to make an offer at a moment’s notice. Before making an offer, buyers need to ensure they’ve lined up a real estate professional, a lender, a lawyer, and a home inspector. They will also want to be pre-approved for a loan and ready to complete a mortgage application as soon as they find a property.

Be Prepared for Bidding Wars

Buyers should be strategic when maneuvering a bidding war. Some agents suggest that buyer clients include an escalation clause, while others suggest they examine the deal and identify areas where they could be more flexible, in terms of contingency clauses. However, Yocum warns that “all of these [contingency clauses] have various levels of risk that not all buyers are willing to accept, and you should consult with your team before [removing] any of them.”

Why Are Home Appraisals So Important?

So you’ve found your home. No, your dream home. The asking price is $450,000.  You’ve already been pre-approved for this amount by your bank. Now the question is, is the home really worth that amount? That’s the question at the heart of the home appraisal. The worth, or value of the property, will determine how much a lender is willing to give you to buy that particular piece of real estate.

This all-important step in getting the financing you need is the home appraisal — an oftentimes-confusing part of the mortgageprocess in which both buyer and seller must depend on the expert opinion of a stranger. A real estate appraisal is simply that — the expert opinion of a certified, state-licensed professional who determines the value of a piece of property. If your $450,000 dream home is really worth only $300,000, then the home is overpriced.

A home appraisal also protects the bank from getting stuck with property that’s worth less than they’ve invested. It truly protects you from paying too much for a house simply because it was love at first sight. The home appraisal is a no-nonsense factor in a decision that is often emotional for the buyer.

Remember, a home appraisal is not the same thing as an inspection. If you’re buying a home, you’ll want to hire an experienced home inspector to point out any potential problems that could turn into costly nightmares in the future. Property appraisers will likely make note of any obvious issues, but they won’t test your heat and air, check the chimney or determine if your plumbing is up to code. That’s the job of the inspector.

The appraisal report generally includes:

  • an explanation of how the appraiser determined the value of the property
  • the size and condition of the house and other permanent fixtures, along with a description of any improvements that have been made and the materials used
  • statements regarding serious structural problems, such as wet basements and cracked foundations
  • notes about the surrounding area, such as new or established development, rural acreage, and so on
  • an evaluation of recent market trends of the area that may affect the value
  • a comparative market analysis that supports the appraisal
  • maps, photographs and sketches

A home appraisal is more than just another cost added to the buyer’s bottom line. It’s a protection for everyone involved in the home-buying process. It will help you make a more informed decision about purchasing a home.


Think about it, even if your home is priced right and in a desirable location, you may be offending potential buyers without ever knowing it.

Below are a list of things that can turn off a buyer. Might not be a bad idea to avoid them when selling your home.



1. Masking Issues

Whether it is odors or a failed foundation, masking potential issues to gain a quick sale could be a very costly gamble. If there are serious defects that you know about, a buyer could back out of the deal at the last minute, ask you to fix the issue or worse — involve you in a legal battle long after the deal should be done. Consider hiring a qualified home inspector to conduct a pre-sale inspection. An inspection gives you the upper hand in determining how to address the issue — and get top dollar for your home. No home is perfect. Be upfront about any flaws in your home and you will light the path to a smoother sale.

2. Overpricing Your Home

Ensuring your home is appropriately priced before hitting the market is an important factor in achieving a timely sale. Working with a knowledgeable agent — and trusting their advice — is your best bet in ensuring your home sells for what it’s worth. In real estate, the price you paid for a home has no bearing or guarantee on its selling price when you go to list. The market, condition of the home, and how well recent home sales have performed all influence what your home is worth, and having your house sit on the market because it’s overpriced will deter interested buyers.

3. Not Preparing Your Home For Sale

Buyers need to picture themselves living in your home. Giving them a clean, decluttered, and neutral space is essential. An abundance of knick-knacks, or greatly loved (but really worn out) furniture can be distracting, so consider packing them up before you list. Additionally, showing your home with overly bright, dark, or otherwise overwhelming colors can be off-putting to potential buyers who only see the price tag and effort to repaint. Repainting these rooms in a neutral palette may not be your personal taste, but it will allow a blank slate for potential buyers.

4. Making Showings Difficult

While keeping your house ready for showings and open houses can be stressful, the longer your home sits on the market, the more you will have to do it. Being inflexible with requested showing times or demanding to be present during showings can actually harm the sale process rather than help it, and may top a buyers list of pet peeves. Potential buyers will be more willing to work with you on the negotiations if you have been reasonable in their showing demands, and allowing them to view your home without you present will ease any uncomfortable feelings they may have about you being present.

5. Not Considering Your Pets

While your pets have a special place in your heart — and your home — not every homebuyer will share your view. Considering how your pets will impact buyers is an important step in depersonalizing your home. When preparing for viewings be sure that your pets are appropriately contained, as not to disturb buyers who want access to all parts of your home. If possible, removing pets from the premises completely is preferred, but if you can’t do that, ample warning through your agent is a must. Repairing any stained or damaged items caused by pets before you list will also help the overall impression your home makes.

Another Property Sold in Marlborough, MA

This Single-Family in Marlborough, MA recently sold for $375,000.

This is a Colonial/style home and features, 1 full bath, 1 half bath, 3 bedrooms, a lovely level lot and was sold by 

Tanya Medina from The Medina Group at Houde Real Estate.

Luxury Townhouse For Sale in Wayland, MA

http://www.massrealestategroup.com –

Watch the HD Video Tour Here

A Fantastic & Exceptionally light & open Townhouse at the sought after community “The Meadows” of Mainstone Farm, in South Wayland. This wonderful “END PRESTON” unit provides you w/ a floorpan to feel like a spacious single family. The open floorplan main level illuminates w/ a gorgeous living room/dining room combination w/ cathedral ceilings, skylights, slider to your private deck, all anchored by a gas fireplace. A fabulous 1st floor master bedroom suite w/ walk-in closet, plus an additonal closet, a big jacuzzi tub & a separate spacious walk-in shower & dual vanity. The upper level has an addition bedroom & spacious guest bedroom. The lower level has a finished Rec Room great for exercise or, because of the cable ready access, a fantastic theatre room, for those cozy family movie nights, or sports game nights. This grand & comfortable home is in a very close proximity to shopping , walking trails, tennis courts, & a short commute to Boston & Cambridge.