HUD HOC Reference Guide

General Requirements can be found in: Mortgagee Letter 2005-48 (existing properties over 1 year old), HUD Handbooks 4000.2 Rev-3 Section 2-6,& 4150.2 Section 2-2 & Mortgagee Letter 99-34 for new construction (not applicable to condominium projects).

Appraisers are required to verify whether the subject property is located in a designated flood zone and indicate the designation on the appraisal form together with the flood map panel number and map date.

Please Contact FEMA Flood Hazard Mapping (http://www.fema.gov/plan/prevent/fhm/index.shtm) for more information on National Flood Insurance Program maps.

• Airports
• Railroad tracks and other high noise sources
• Flood zones and insurance
• Lead based paint
• Radon
• Overhead high voltage transmission towers and lines
• Operating and abandoned oil and gas wells, tanks and pressure lines
• Insulation materials
• Lava zones
• Avalanche hazards