RRP & Mortgage?? - Lead RRP Discussion - Contractor Talk

RRP & Mortgage??

Thread Tools Search this Thread Display Modes
Old 08-10-2010, 07:14 PM   #1
DBBII's Avatar
Trade: General Contractor
Join Date: Aug 2008
Location: Tampa, FL
Posts: 200
Rewards Points: 208

RRP & Mortgage??

At my RRP training class last week, an interesting question came up. Assume the house is pre-1978, and assume you, as a Certified Renovator, had a positive lead test AND the homeowner (who say just bought the house) has an FHA mortgage. (Not unrealistic, since an FHA is about all you can get today). Since an FHA mortgage is issued thru HUD, do you have to comply with the HUD RRP guidelines? Instructor said he's not teaching business practices, but when was the last time you heard of a government agency saying they DID NOT have jurisdiction? In an abundance of caution, do we now have to ask who the HO has a mortgage with????
DBBII is offline  

Warning: The topics covered on this site include activities in which there exists the potential for serious injury or death. ContractorTalk.com DOES NOT guarantee the accuracy or completeness of any information contained on this site. Always use proper safety precaution and reference reliable outside sources before attempting any construction or remodeling task!




Old 08-10-2010, 08:19 PM   #2
Capra aegagrus

Tinstaafl's Avatar
Trade: Remodeler
Join Date: Jan 2008
Location: Central Pennsylvania
Posts: 23,171
Rewards Points: 1,357

Re: RRP & Mortgage??

Are you contracting with FHA/HUD, or the HO?

If solely with the HO, there is no reason for you to suspect and investigate further. This is one of those things I've just decided to coin a term for: "Pointless Anality Question".


Tinstaafl is offline  
Old 08-10-2010, 09:10 PM   #3
SLSTech's Avatar
Trade: Principal / Owner
Join Date: Sep 2008
Location: Naperville, IL
Posts: 5,400
Rewards Points: 110

Re: RRP & Mortgage??

“The Lead Safe Housing Rule applies to all target housing that is federally owned and target housing receiving Federal assistance”

can one say Federally backed loans???
SLS Construction & Building Solutions LLC Our Blog - The HTRC
SLSTech is offline  
Sponsored Links
Old 08-10-2010, 09:23 PM   #4
hiteams's Avatar
Trade: Remodel & Repair
Join Date: Nov 2007
Posts: 528
Rewards Points: 510

Re: RRP & Mortgage??

It doesn't matter if you do testing or not (in fact a CR can't do testing in a LSHR) ... all housing receiving federal assistance must comply with the LSHR. This would include HUD, VA, FHA, Fannie, Freddie ... even TARP funds.

In the past, FHA was about 30% of the homes. Most likely 50% of the jobs you do on pre 78, would be LSHR.

Recently, almost 90% of homes bought are federally assisted.
Lead, Mold and Indoor Air Quality Inspections

Last edited by hiteams; 08-10-2010 at 09:47 PM.
hiteams is offline  
Old 08-10-2010, 09:46 PM   #5
hiteams's Avatar
Trade: Remodel & Repair
Join Date: Nov 2007
Posts: 528
Rewards Points: 510

Re: RRP & Mortgage??

Just wanted to add, that there is a ray of sunshine with the LSHR. Many CFs complain that the homeowner should also be held accountable. With the LSHR ...

1. The responsibilities are shifted from the renovator to the designated party under LSHR.

2. With federally assisted mortgage ... the designated party is the property owner (homeowner).

So, they are forced to use a CF.

In the book used for CR training, Lead Safety for Renovation, Repair and Painting ... you can go to Appendix 2 to learn more.
Lead, Mold and Indoor Air Quality Inspections
hiteams is offline  

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Interest cancellation program for your mortgage wackman Off Topic (Non Trade) 23 12-20-2011 06:48 AM
Mortgage rates at lowest level on record RandomTask Business 0 06-24-2010 01:39 PM
sprint mortgage services BPWY Help Wanted or Looking For Work 5 12-17-2009 09:22 PM
Anyone renegotiate their mortgage? BirmanBuilders Off Topic (Non Trade) 31 02-07-2009 03:19 PM

Join Now... It's Fast and FREE!

I am a professional contractor
I am a DIY Homeowner
Drywall Talk is for

At DrywallTalk.com we cater exlusivly to professional contractors who make their living as a contractor. Knowing that many homeowners and DIYers are looking for a community to call home, we've created www.DIYChatroom.com DIY Chatroom is full of helpful advices and perfect for DIY homeowners.

Redirecing in 10 seconds
No Thanks
terms of service

Already Have an Account?