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Tag Archives: va loan appraisal

4 Quick Tips for Evaluating the Exterior of a Home

By Jessi Hall | Published April 23, 2012

Open houses and listing photos are designed to accentuate a home’s positive features. But making a smart home purchase requires buyers to look beyond the gorgeous landscaping and perfectly staged furniture.

Evaluating the exterior of a home is crucial to your wallet and your future happiness. Carefully examine a home’s exterior for the following costly problems, and don’t ever skip a professional home inspection if you decide to make an offer.
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Posted in Finding the Perfect Home, Home Shopping, Insurance, Inspections and Other Essentials | Also tagged , , , Leave a comment

5 Common Reasons Homes Fail The VA Loan Appraisal

By Jeremiah Willis | Published October 21, 2011

While the VA loan process consists of multiple steps, the appraisal process can prove the most frustrating for some service members.

The VA utilizes a set of Minimum Property Requirements that must be addressed before a loan can receive the agency’s guarantee. Those MPRs cover a range of important things and are in place to ensure the safety and health of military home buyers.

The VA wants homes to be “move-in ready” with minimal repairs or work necessary. In fact, major repairs or health and safety issues have to be resolved before a loan can close.
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Posted in Home Shopping, Meeting VA Loan Requirements, Purchasing a Home, VA Loans and Mortgages | Also tagged , , , 12 Comments
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Peter G. Miller

Peter is a nationally syndicated real estate columnist and mortgage expert. He is the author of seven books and has appeared in broadcast and print interviews with leading media including Oprah, CNN, the Today Show, National Public Radio and The New York Times. Peter was the creator and original host of the AOL Real Estate Center and a past editor of RealtyTimes.com. Today he hosts OurBroker.com, a leading source of real estate news and opinion.



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