Modular Construction  

In addition to the other requirements in this section, an appraisal request involving modular construction must include either

·   evidence of coverage by a HUD structural engineering bulletin, or

·   a certification of approval by the State in which the unit is fabricated.  This requirement will be made a condition of the VA value notice if not submitted with the appraisal request.

Manufactured Home Classified as Real Estate

Any case in which the foundation has not been fully completed and the manufactured home unit installed is considered to be “proposed or under construction.”

In those cases, each set of construction exhibits must include

·   specifications for the foundation and a plot plan as required for conventional site-built homes

·   in double-wide homes, a detail of the mating line piers, if applicable

·   a foundation plan showing the location and a cross-sectional detail of the supporting piers.  In all cases, include drawings of the foundation anchorage details.

·   a floor plan of the unit and exterior elevation drawings/photographs of the front and rear of the home, unless the unit is physically located on the site to be appraised or the appraiser has access to the unit on the dealer’s lot.  These may be provided in the manufacturer’s advertising or technical installation manual.

·   in States or localities that require the underside of the unit to be completely enclosed, details of the perimeter enclosure that comply with those requirements.

·   since site conditions vary considerably from location to location, any revision needed to information provided in the manufacturer’s technical installation manual in order to comply with local requirements.

·   appropriate construction exhibits for any other on-site improvements, such as decks, enclosed patios, garages and carports, etc., to be financed with the loan proceeds.