Did you know that when a VA appraisal is ordered, it is tied to the transaction, not the property? Unlike FHA, this doesn’t prevent you from selling the home to another Veteran and getting a new appraisal if the deal falls through.
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Answer: [tweet-start]VA appraisals are tied to the transaction and can be re-ordered by another VA applicant if the first deal falls through, unlike FHA.[tweet-end] VA appraisals are valid for the veteran and transaction. They are ordered for and valid for 6 months FOR THIS TRANSACTION. The case number does not ‘follow’ the property like it […]