Pamphlet 26-7 Chapter 10

This chapter contains information about

· the eligibility of property to be the security for a VA guaranteed loan, and

· appraisal requests.

This chapter contains the following topics.

Topic	See Page
10.01 Why An Appraisal Is Required	10-2
10.02 Who Can Request an Appraisal	10-3
10.03 The Appraisal System	10-4
10.04 How to Request an Appraisal	10-5
10.05 Types of Property Eligible for Appraisal	10-8
10.06 Properties Not Eligible for Appraisal	10-12
10.07 Other Appraisal Request Restrictions	10-14
10.08 New Construction	10-17
10.09 Proposed or Under Construction	10-19
10.10 Construction Exhibits	10-21
10.11 Conversion of HUD Value Notices for VA Use	10-27
10.12 Fees For Appraisals and Inspections	10-28
Figure 1: Builder Information and Certifications	10-30
Figure 2: VA Appraisal Request Checklist	10-31