answersLogoWhite

0


Best Answer

An appraisal ordered by the US Department of Veteran Affairs (also known as a VA appraisal), is valid for 6 months. Once the appraisal is complete, the VA will assign a Certificate of Reasonable Value (C.R.V.) to the property. The C.R.V. assigned is good for any eligible borrower. What this means is that the appraised value remains the same regardless if there is a new buyer or if there is an adjustment to the contract terms.

User Avatar

Wiki User

7y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How long is a va appraisal valid?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the minimum VA loan requirements?

The depends on the type of loan. A VA (Veterans Affairs) home loan requires a certificate of eligibility, VA appraisal, and acceptable financial status.


If you have a suspened Va drivers license can you get a valid Ind license?

No


How long is VA perk test good for?

The VA perk test is typically valid for one year, after which it may need to be renewed. It is important to check with the specific VA office or department for any updates or changes to the validity period of the test.


How long is a signature valid on a legal document?

For as long as the document is valid.


How long is a home appraisal valid to calculate the value of the house and can the value of a house go down in high growth markets?

Strictly speaking, the home appraisal is valid on the day it is signed and dated. The courts and the IRS generally recognize an appraisal as valid if it is less than a few months old. As a general rule of thumb, an appraisal should be considered out of date if it is more than six months old, under most market conditions. When prices are changing quickly, as they have over the last few years, even six months is too long. The value of your home can change the next day due to outside conditions. A free way is going to be built in front of your home. A person living next door is murdered in his home. These are unlikely and exaggerated conditons, of course. Generally, real estate values change in an orderly fashion determined by larger market conditions.


How long will it take to drive to Florida from centreville va?

How long will it take to drive to Florida from centreville VA?


In 1996 was there a Carlie Long born in VA?

yes thar was a carlie long born in VA in 1996 .


How long is a bank draft valid?

there is no time frame or a bank draft, it is valid for as long as you have it.


How long is an arrest warrant valid in pennsylvania?

how long a arrest warrant valid in philippines


How long does it take From GA to VA?

from Augusta ga to VA beach, VA is 7.5-8 hr drive


How long for mail from Winchester VA to Roanoke VA?

Usually about 3 days


If a contract is not enforceable is it valid in Va?

The contract is always inforceable by law. And all the parties are legally perfoming there contracts.