VA Loan Inspection

[Julie Doke]

So we finally have our first fix & flip under contract hooray! It is a VA loan and the realtor tells me that the VA uses their own inspector and that there is no wiggle room if they find a flaw we either fix it or walk away from the seller. No negotiations. We just did a major upgrade, update and replace on just about everything. We have been told the home looks flawless but I still wonder should I be nervous is there anything specific the inspector will look for do they tend to be easy or nit-pickers? I'm so ready to finally say we have one under the belt I just want to be proactive. They have 10 days to inspect and 2 days to make a request known, so that helps at least they can't drag the inspection out for 2 or 3 weeks. I'm just antsy I guess....been waiting two months for the house to sell.

Does anyone have an experience with a VA inspector that they would like to share? Maybe just words of encouragement would be great right about now.

[Greg H.]

Keep in mind there is no such thing as a VA inspector. The Appraiser is the person who ascertains in the property meets the minimum standards to qualify for Veterans Administration guaranteed financing. Some of the inspected items are:

- Does the property have electricity, water and sewer and is it accessible via a street

- Heat source is required but a/c

-Roof must not leak although this is a visual inspection only

-Mechanicals must operate and be safe

-No peeling paint

-Smoke detectors

NO ONE SHOULD EVER RELY ON THE APPRAISER IN LEIU OF A PROPERTY INSPECTION