The Veteran Affairs (VA) department issues home loans for veterans, and VA Home Inspection checklist are used to assess properties before they qualify for such loans. Let’s look at some of the critical elements of VA Home Inspection Checklist:
- What does VA Home Inspections typically include?
- What makes these inspections crucial to property management companies, homeowners, and the VA department?
- How does Fielda simplify the use of VA Home Inspection Checklists?
What do VA Home Inspections cover: Homes must qualify for VA loans with specific minimum property requirements (MPRs). These include proper access to the site, access to walls for maintenance work when needed, minimum living units for sleeping, cooking, dining, and basic sanitary infrastructure and utilities, among other items. Typical VA Home inspection checklists cover the audit of the soundness of construction and home exterior, including windows, fences, lighting, etc. They also include detailed assessments of the home systems like heating, electrical, plumbing, and all the home appliances.
What makes these VA Home Inspections crucial: Veteran buyers, the VA department, and real estate companies must align on several essential aspects for a transaction to be successful. These include factors like the crucial fitness of the property; does it meet the minimum standards to qualify for a VA loan? These independent inspections are also vital as validations of the property value, especially since there may be different perceptions of the matter and varying expectations on the price. Typically, the home must have an appraised value that is more than or equal to the loan being considered. VA home inspections are an integral part of the VA loan process and a must according to government regulations.
How Fielda simplifies the use of VA Home Inspection Checklists: During the VA home inspection, it is the detailed inspection data that matters and the crucial workflow that follows these inspections. Data gathered is used to approve or reject loans. Potential home buyers may request re-appraisals, reduce the requested loan amounts, or evaluate other home options. Fielda enables both comprehensive data gathering and seamless workflow management. Inspectors can customize forms easily and supplement data sheets with evidence such as photos and videos as part of the appraiser reports sent to loan officers. Workflow can be customized according to the processes required, and all status updates and reports can be viewed and shared effortlessly.
Collect: Gather comprehensive VA home inspection data through easy-to-use customizable digital forms
Share: Send reports and share updates in real-time to quicken the loan approval process
Manage: Track the status of inspections, re-appraisals, and repairs from the convenience of a mobile device
About Fielda: Fielda helps companies manage and maintain their assets and gain real-time oversight of all tasks, workflows, and projects to improve operational efficiency, enhance team productivity and impact the bottom line. Whether it’s installations, inspections, repairs, replacement of parts, servicing and maintenance, or routine audits, with Fielda’s mobile data collection, GIS-enabled technology, automated and custom workflows, and analytics, you can eliminate errors, enhance response time, ease workflow bottlenecks, and simplify your field operations.