While VA loans don鈥檛 require a home inspection, they always require ahome appraisalwhich is a form of inspection. They aren鈥檛 as in-depth as an inspection, but the appraisal will give you a good idea if the home is suitable for VA financing, which again means that it is safe, sound, and sanitary.
People also ask
Is a VA home inspection required for VA loans?
As one of the VA home loan requirements a VA home inspection is required. The VA has a very specific appraisal process in order to qualify for a VA home loan. But what about a home inspection?
What are VA loan property requirements and how do they work?
What Are VA Loan Property Requirements? The VA has developed a list of Minimum Property Requirement (MPR), and the home must meet these requirements to qualify for a VA mortgage. During the appraisal process, the home appraiser will conduct a home inspection to ensure it meets the MPRs.
Who pays for the VA appraisal and home inspection?
The hombuyer is responsible for paying for both the VA apprasial and any home inspection. Home inspection costs will vary by location, but often fall within the range of $300-500, depending on the size of the home.
What does the VA home inspection checklist look for?
The VA has created a VA home inspection checklist to inspect before it deems the house livable. Keep reading to find out what they check so you鈥檒l be prepared the next time you鈥檙e ready to buy a house. Structural check: A home inspector will check the foundation, roof, walls, floors, and ceilings to make sure they are all sound.