Home Buying Advice - VA and FHA Appraisals
How VA and FHA appraisals differ from conventional appraisals.
VA and FHA Appraisals
When you take out a FHA or VA mortgage loan then this impacts your home appraisal. In addition to just providing a home valuation the appraiser also is required to inspect a number of items to ensure that the property meets minimum standards. If problems are found then these items must be fixed in order to obtain the loan.
The VA or FHA inspection is not comprehensive and is not meant to replace a normal home inspection. The buyer should still perform a home inspection when purchasing a property.Return to Home Buying Advice