HUD HOC Reference Guide

The appraiser must indicate whether the dwelling or related property improvements is located within the easement serving a high-voltage transmission line, radio/TV transmission tower, cell phone tower, microwave relay dish or tower, or satellite dish (radio, TV cable, etc).

1. If the dwelling or related property improvement is located within such an easement, the DE Underwriter must obtain a letter from the owner or operator of the tower indicating that the dwelling and its related property improvements are not located within the tower?s (engineered) fall distance in order to waive this requirement.
2. If the dwelling and related property improvements are located outside the easement, the property is considered eligible and no further action is necessary. The appraiser, however, is instructed to note and comment on the effect on marketability resulting from the proximity to such site hazards and nuisances.

• 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