![]() ![]() Īny records on the purchase of the property for the last three years.To speed up the appraisal process, it's beneficial to have these documents ready for the appraiser:Ī plot plan or survey of the house and land (if available). Just give us a call at 57 if you have any questions about the appraisal process. To appraise a property, an appraiser needs to be licensed by the state when it's a federally related transaction. Buyers that have questions about the VA loan qualifying requirements, please call VA Mortgage Hub 7 days a week ph: 80 or just submit the quick Info Request Form on this page.KRANTZ COMPANIES, LLC's appraisal checklist It’s important to choose a lender that actually specializes in VA loans. There are many approved VA lenders, however, very few actually specialize in the program. Home buyers should remember the VA mortgage (like USDA mortgage) is more of a specialty loan. That is where a trained VA home inspector comes in. The appraisal process is in place to determine the value of the home, not necessarily to find problems. The VA appraisal will be required on any home purchase where the buyer is using VA mortgage benefits. It’s important to keep in mind a VA appraisal and a VA home inspection is two different things. Have the appliances been inspected? These include writing down and inspecting the condition of dishwashers and ranges, built-in microwaves and garbage disposals, smoke detectors, and any other relevant small appliances that may be left in the home.Has the electrical work in the home been evaluated? This includes knowing what type of wiring a home has, looking at the grounding, looking at ceiling fans and light fixtures and evaluating the main panel.Have the roof and attic been inspected to see the roof construction, flashing and gutters, framing, ventilation and construction been built properly?.Have all systems been inspected? These include the chimney and fireplaces, water heaters, furnaces, air conditioning units and septic systems.Has the plumbing been inspected? This includes identifying the pipe materials that have been used and looking at toilets, showers, sinks, faucets, checking for leaks, etc.Has the exterior of the house been inspected? This includes looking at grading, elevation, drainage, fences, windows and trims, exterior lighting and landscaping. ![]()
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