“And you will know the truth, and the truth shall set you free.”
John 8:32
Okay, so the topic of VA appraisals here in Kitsap County WA isn’t on quite the same level playing field as Biblical Truth, but the principle is still the same.
One of my marketing catch phrases is ‘providing knowledgeable empowerment’ for my clients. By that, I mean, one of my primary goals is helping to more fully educate my clients through my years of experience, training, and education as a real estate professional, so as a result, they are more empowered to make intelligent and prudent decisions regarding buying or selling real estate.
One of the potential pitfalls of a VA loan transaction is the appraisal process. To learn more about how Buyers can better anticipate possible VA appraisal issues, go to SOUNDBITEBLOG (opens up into another window for your viewing ease).
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Rich Jacobson is a licensed real estate professional providing knowledgeable empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, SOUNDBITEBLOG, and Crabbing in the Hood, or e-mail: kitsapagent@gmail.com
It is difficult to challenge a VA appraisal. Called VA once on what appeared to me to be poor comparable choices. Was told quite clearly that the house is worth whatever the VA appraiser says its worth. Good bye.
For the most part my experience with VA appraisers has been much better than that. But when you hit a wall, it will not be moved.
Love your SoundBiteBlog. Sharp.
Richard
Our local VA office has one appraiser who is the worst I have ever seen. Unfortunately I get him over and over. If you mention VA in a room full of real estate agents, his name will come up every time.
VA can be tricky. Mine have all gone well but I had my fingers crossed the whole time-Dinah Lee
Rich,
Having a large military population in my area, I find this article very interesting. A year ago I was selling a farm that was very difficult to finance. We had three good offers but when the lender saw the type of property, 21 acres with an ex-mobile home they couldn't fund it. This is when people walked in to an office and could buy a house. The fourth offer had to be VA, which we got, but the apraiser gave no valule to the acreage. Had the mobile home not been there, we would have gotten a lot more money for it.
Is your soundbite blog, your outside blog?
Tere
I've been involved in a lot of VA transactions this spring and so far no problems. Even have closed foreclosures with VA with missing appliances and not a peep.