VA Minimum Property Requirements: A Reader Question About Roofs
A reader asks, "I am looking at buying a house. It is a little older, but not very old. My realtor said it may not be approved for...
VA appraisals
VA Minimum Property Requirements, Appraisals, and Local Building Codes: A Reader Question
A reader asks, "We have found a home that we love, had the offer accepted and now just waiting on the appraiser. The house was built in 1890...
VA Loan Appraisal Fees: Who Pays?
There is often some question about who is required to pay for certain aspects of the VA home loan process. When the buyer finds a home he or...
VA Loan Reader Questions: Roof Replacement
A reader asks, "Is there a requirement for the roof to be a certain number of years for the VA. I have a home I am looking at...
Appraisal Requirements For Finished Basements
A reader asks, "I have a question regarding finish basements and the VA appraisal of them. The home is advertised as single family ranch home with 3 bedrooms....
VA Rules For Appraisers: Interior Photographs Now Required
VA Circular 26-17-05, among the last of the 2017 VA loan regulatory updates recently published at VA.gov, mentions a requirement for VA appraisers to get interior photographs of the...
VA Appraisals and the Borrower’s Responsibilities
We in the VA loan business—real estate agents, lenders, brokers, and property inspectors, etc.—throw around terms that can be a bit misleading to the new VA borrower. One...
Reader Question: VA Loan Appraisals and Unfinished Rooms
A reader asks about a previously owned home up for sale with some work missing. "...(T)he last owner left the master bathroom unfinished, floor and wall tiles missing,...
VA Loan Rules For Termite Inspections: Condominiums
In a recent blog post, we addressed some of the VA loan rules for termite inspections. But did you know that there may be different requirements in this...
Home Inspections and Asbestos
In previous blog posts, we've discussed the difference between a VA appraisal, which is required for the sale of a home, and a home inspection which is not required....