Articles and news about VA loans and HUD requirements. VA loans are a great way to buy a home with no down payment.

Tag Archives: VA appraisals

VA Loan Minimum Property Requirements: A Reader Question

VA Loan Minimum Property Requirements: A Reader Question

A reader asks, “Can anyone tell me if a VA loan requires that the outside walls of my garage be drywalled on the inside of the garage? We are selling our home to a couple who is getting a VA...

VA Appraisals: A Reader Question

VA Appraisals: A Reader Question

A reader asks, “I purchased my house in August 0f 2013, only one year 1 month ago. And it was inspected by one VA inspector, it pass the inspection, now I have problem with my roof. It might need a...

VA Loan Reader Questions: Cash Back To The Borrower

VA Loan Reader Questions: Cash Back To The Borrower

A reader asks, “My husband and I want to purchase a home that was bank repossessed and it is listed for $50k under the appraisal amount and $100k under market value for the area but it needs work like a...

VA Appraisals: A Reader Question

VA Appraisals: A Reader Question

A reader asks, “I recently closed on my VA Approved Loan on August 29, 2014. When the VA Inspector came to appraise the home, he found two (2) minor repairs needing done plus he appraised the home lower then the...

VA Appraisal Expiration Dates: A Reader Question

VA Appraisal Expiration Dates: A Reader Question

A reader asks, “I am in the process of refinancing my house with a VA Loan…This process has been going on for 9 months, and they still haven’t processed my loan. They allowed the original appraisal to expire, and ordered...

VA Apparisals: A Reader Question

VA Apparisals: A Reader Question

A reader asks, “Can you clarify this for me? ‘reasonable value of the property established by the Department of Veterans Affairs’. Is “reasonable value” the appraisal they preformed or can the VA set a value different than what the appraisal...

VA Appraisal Requirements: A Reader Question

VA Appraisal Requirements: A Reader Question

A reader asks, “Feeling discouraged. We love the home (with 2 separate residences on property). The seller accepted our offer. It is a foreclosure. The house has been vandalized. The stove top, refrigerator, one of the two toilets taken, as...

Changes To VA Loan Appraisal Policies For Hawaii Properties

Changes To VA Loan Appraisal Policies For Hawaii Properties

The Department of Veterans Affairs has changed its policies for VA loans on properties located in Hawaii. According to VA Circular 26-14-4, “Clarification of the Department of Veterans Affairs (VA) Acceptance of Water Catchment Systems in the State of Hawaii”,...

Which VA Loans Allow Cash Back To The Borrower?

Which VA Loans Allow Cash Back To The Borrower?

There’s a common type of question associated with VA home loans–many borrowers are interested in getting cash back at closing time from loan proceeds from their home loans. But which VA home loans allow this? Can a borrower, as some...

VA Loan Appraisal Fees, Compliance Inspection, and Home Inspection Fees: Who Pays?

VA Loan Appraisal Fees, Compliance Inspection, and Home Inspection Fees: Who Pays?

In our previous blog post we discussed the difference between a VA appraisal and a home inspection. VA appraisals are mandatory as part of the loan approval process, but the home inspection process is not–it’s an optional (but strongly recommended)...

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