Missouri Severe Storms Property Inspection Requirements

This document is a guide detailing the property inspection requirements following the severe storms that affected Missouri from May 19, 2024, to May 27, 2024. It outlines the federal disaster assistance declared by FEMA on July 23, 2024, and specifies the necessary inspections for properties in designated counties. The guide categorizes inspection requirements based on whether transactions involve appraisals or not, including the types of reports needed and the qualifications of inspectors. It emphasizes the importance of having current insurance and provides a step-by-step operational procedure for brokers to follow when ordering inspections. The document also highlights additional requirements for FHA loans and the responsibilities of brokers and lenders in ensuring compliance with inspection protocols. Overall, it serves as a comprehensive resource for understanding the necessary actions to take in the aftermath of the severe storms to ensure property safety and compliance with federal guidelines.