what inspections does a va loan require

Best answer

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.

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