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Tag Archives: minimum property requirements
VA Rules on Minimum Property Requirements
In our last post we discussed situations where the Department of Veterans Affairs might waive its minimum property requirements. But some requirements cannot be waived because the directly affect the health or safety of anyone who might live in the home....
VA Loan Appraisal Waivers: A Reader Question
A reader asks, “Upon my VA appraisal in Texas, the appraiser found several cosmetic problems, worn siding, some bricks missing tuck points, front door weathered. Chipped paint, most of the flaws notated on the detached garage. In your opinion, could...
Minimum Property Requirements and Local Requirements For VA Loans
Every so often a reader leaves a comment or question with a common theme: "My lender is telling me the house I want to buy needs X, Y, or Z. Where does it say in the VA loan rules X,...
VA Loan Rules For Lead Paint
In several recent posts, we've discussed the VA appraisal process and what it means to have a home reviewed by a VA assigned fee appraiser. The appraisal is designed to establish a property's fair market value and make sure the...