The VA maintains Minimum Property Requirements that serve as a universal guideline for VA loan approval. Any San Diego home being considered for a San Diego VA loan must meet the VA’s minimum requirements. Below is a brief summary of these requirements:
Functional Mechanical Systems
Electrical and plumbing infrastructure must be in good working condition with considerable life remaining.
The heating system must meet safety standards and be able to maintain home temperature at a minimum of 50 degrees Farenheit. This temperature will keep pipes from freezing.
The roof should be in good condition and without any significant defects.
Dry Basement and Crawl Spaces
There cannot be any basement leaks. Subterranean areas like crawl spaces must be dry.
Free of Hazards
Any hazardous conditions such as exposed wires or lack or proper railing can make a home unsuitable for VA approval. This includes environmental hazards such as proximity to a toxic waste site.
A home must be termite-free before it can meet VA loan approval guidelines. Termite infested homes must be properly fumigated before they are eligible.
No Lead-Based Paint
Any property built prior to 1978 must be inspected for lead paint. Any surface with cracked or chipped lead-based paint must be scraped and repainted or totally removed.
We Fully Understand Minimum Property Requirements and Can Advise You On Finding the Right Home
At San Diego Home Buyers Center, we thoroughly understand all the requirements a home must meet for VA loan eligibility. Let us guide you towards the right home and away from those that are not up to standard. You can reach us seven days a week via email at email@example.com or by calling Dan Cauffiel at (619) 261-9954.