by Steven Kitnick | Jul 21, 2017 | Contracts, FHA, Loan Applications, Mortgage Finance, VA
Let’s examine the Greater Las Vegas Association of REALTORS (“GLVAR”) Residential Purchase Agreement (“RPA”) (Rev. 06/17). On page 1 of 11 paragraph 2: Additional Financial Terms & Contingencies: A. New Loan Application and...
by Steven Kitnick | Jul 21, 2017 | Appraisal, HUD, VA
VA Appraisals stay with the property similar to FHA appraisals, but for a period of 180 days. If a Buyer is using a loan other than a VA loan to purchase the property, then a new appraisal will be ordered on a new transaction.