VA Interest Rates VA loan Application Denver Realtor
CONDITIONS/REQUIREMENTS
(CONTINUED)
[Check
all items which apply and give appropriate information]
PROPERTY
ADDRESS: [complete address]
VA CASE NO.:
_____8.
FLOOD INSURANCE.
Since improvements on this property are located in a FEMA Special Flood
Hazard Area, flood insurance is required.
_____9.
“AIRPORT” ACKNOWLEDGEMENT.
Your written acknowledgement that you are aware that this property is
located near an airport and that aircraft noise may affect the livability,
value and marketability of the property.
_____10.REPAIRS.
The _____ lender
_____ fee appraiser (_________[name]__________)
_____ fee compliance
inspector (_________[name]__________) is to certify that the
following repairs have been satisfactorily completed.
See the above second paragraph about your responsibility concerning the
condition of the property.
[List repairs recommended by fee appraiser which are necessary to make
the
property meet VA minimum property requirements for existing
construction.
Inspections/certifications should not be required unless there is an
indication
of a potential problem.]
_____11.
LOCAL HOUSING/PLANNING
AUTHORITY CODE REQUIREMENTS. Evidence
that local housing or planning authority code requirements, if any, have been
met.
_____12.
“NOT INSPECTED”
ACKNOWLEDGEMENT. Your written
Acknowledgement that, you are aware that since this new property was not
inspected during construction by VA,
_____a.
VA assistance with construction complaints will be limited to defects
in equipment, material and workmanship reported during the one-year builder’s
warranty period.
_____b.
VA will not intercede on your behalf in the processing of any
construction complaints.
_____13.
TEN-YEAR INSURED PROTECTION
PLAN. Evidence of enrollment
of this new property in a 10-year insured protection plan acceptable to the
Department of Housing and Urban Development (HUD).
Continued on next page
January 1, 2001 13-37
VA
Pamphlet 26-7, Revised
Chapter 13: Value
Notices