![]() An inspection report will examine your home’s architecture, plumbing, electricity, test for mold and radon, and much more. Though your appraiser is evaluating the home’s safety, they are not identifying all potential issues with the home. VA home inspections are much more in-depth than appraisals. Then they will gather this information into an appraisal report, which helps them calculate the home’s value. ![]() The home’s amenities, including the floor type, kitchen materials, square footage, can also affect property value. Then, they will compare your home to other properties of the same size, age, and location. Your VA appraiser will first make sure that the home meets the VA’s minimum property requirements (MPR). What’s a VA Home Appraisal?Īs mentioned above, the VA home appraisal has two main objectives-to ensure the asking price is fair and that the home will be safe for you and your family. The terms appraisal and home inspection may seem similar, if not interchangeable, but actually only one of them is required to close on your VA loan. What makes it stand out is the team collaboration options - you can work together on documents with anyone, build a well-structured document approval flow from A to Z, and a lot more.What’s the Difference Between an Appraisal and a Home Inspection? It gives you a versatile set of editing tools, built-in eSignature capabilities, and convenience.
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