Buy with your VA benefit
Appraisal, inspection, MPRs and value
Three different checks with three different jobs.
7 minute read
Appraisal is not inspection
- A VA appraiser estimates value and checks that the home meets VA's Minimum Property Requirements (MPRs): safe, structurally sound and sanitary.
- The appraiser does not test systems or appliances. VA strongly recommends a separate home inspection to look for major defects.
Source: Buying a home with a VA-backed loan; VA Pamphlet 26-7, Chapter 12: Minimum Property Requirements
If value comes in low
- Options include a Reconsideration of Value (ROV) with valid sales data, renegotiating the price, or paying the difference at closing, subject to your lender and contract.
- VA's current Chapter 12 is the authority on MPRs. It was revised for appraisals from May 1, 2026, so older lists online may be out of date.
Source: Buying a home with a VA-backed loan; VA Escape Clause; VA Pamphlet 26-7, Chapter 12: Minimum Property Requirements
Sources
Official material this lesson draws on. Vanguard's explanation is educational; current official requirements govern.