Is Virtual assistant Inspection reports and Appraisals the same?
Wednesday, July 31st, 2024They are doing voice as if they’re equivalent, a property inspection and you may a home assessment. And sure, additional anyone do actually head to and you can check the house, but also for one or two entirely different purposes. Let’s look at the purposes of each and how they affect good Va mortgage.
Virtual assistant Assets Inspections
The initial difference in a great Virtual assistant inspection and you may an effective Va assessment would be the fact an evaluation is not a requirement for an excellent Virtual assistant mortgage. In fact, property check isn’t a necessity on the people mortgage. (more…)