The Definitive Guide to VA Home Appraisals: Insights and Essentials

A VA home appraisal is a crucial part of the VA loan process, determining the property's value and its compliance with VA standards. The borrower pays the appraisal fee, which varies based on location and property complexity. The lender hires a VA-certified appraiser to assess the property and produce a detailed report. Disagreements on property value and necessary repairs are common challenges. Factors influencing property value include location, size, condition, comparable sales, and upgrades.

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