Barby Wulff, a Mortgage Expert with Veterans United Home Loans, explains each part of the VA appraisal process so you can save yourself from touring problematic homes during your house hunt.

The VA appraisal process is an assessment of the property's value and condition and is one of the first steps your lender should take once you are under contract. It can also make or break your VA loan in some cases so be sure to understand how the VA's Minimum Property Requirements (MPRs) work and what to do if your appraisal comes in lower than you expected.

Time Stamps
0:18 - Appraisal vs. Home Inspection
0:42 - Appraisal Requirement & Cost
1:00 - Appraisal Purpose
1:37 - Recent Comparable Home Sales
2:00 - Appraisal Report
2:54 - Private Roads & Water Sources

Watch the entire VA Loan Guide to Homebuying here:    • Everything About VA Loans: A Guide to...  

More about VA appraisals: https://www.veteransunited.com/education

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VeteransUnited.com | 1-800-884-5560 | 1400 Veterans United Drive, Columbia, MO 65203
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