source:
  type: guide
  id: va-m26-7-ch12-t01
  authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 12, Topic 1 — Minimum
    Property Requirement Procedures, continued
  description: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 12, Topic 1 — Minimum
    Property Requirement Procedures, continued.
  coverage_tier: operative
obligations:
- id: va-m26-7-ch12-t01-full
  canonical_id: va-m26-7-ch12-t01-full
  section: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 12, Topic 1 — Minimum Property
    Requirement Procedures, continued
  type: do
  tags:
  - regulator-direct
  - va
  - va-handbook
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 12, Topic 1 — Minimum
      Property Requirement Procedures, continued
    source_class: va-handbook
    source_url: https://www.benefits.va.gov/warms/pam26_7.asp
    snapshot_id: 824171a914866a59
    fetched_at: '2026-05-23T01:53:53Z'
    content_hash: sha256:71efd8bb39bb5596ad194f1b13e6f979cfa1afbf5566e897e26836fc1ab0429e
    paragraph_quote: '1. Minimum Property Requirement Procedures, continued a. MPRs,
      continued Topic Topic Name See Page 26 Roof Covering 12-33 27 Attics 12-34 28
      Crawl Space 12-35 29 Basements 12-36 30 Swimming Pools 12-37 31 Burglar Bars
      12-38 32 Lead-Based Paint 12-39 33 Wood Destroying Insects/Fungus/Dry Rot 12-40
      34 Radon Gas 12-42 35 Potential Environmental Problem 12-43 36 Stationary Storage
      Tanks 12-44 37 Mineral, Oil and Gas Reservations or Leases 12-45 38 High Voltage
      Electric Transmission Lines 12-46 39 High Pressure Gas and Liquid Petroleum
      Pipelines 12-47 40 Properties Near Airports 12-48 41 Manufactured Home Classified
      as Real Estate 12-49 42 Modular Homes 12-50 43 Energy Conservation and Sustainability
      12-51 44 Requests for Waiver of MPR Repairs 12-52 VA Pamphlet 26-7, Revised
      Chapter 12: Minimum Property Requirements 12-3 1. Minimum Property Requirement
      Procedures Change Date October 18, 2019 • This chapter has been revised in its
      entirety. a. MPRs VA has established Minimum Property Requirements (MPRs) to
      protect the interests of Veterans, lenders, servicers, and VA. Properties must
      meet these requirements prior to guaranty of the loan by VA. b. Appraisal is
      Not a Home Inspection While VA-assigned fee appraisers must note any readily
      apparent repairs that are needed, it is important to distinguish the differences
      between a real estate appraisal and a home inspection report. The fee appraiser
      will not perform operational checks of mechanical systems or appliances. The
      fee appraiser estimates the value of the property to ensure that it is sufficient
      for the amount of the proposed loan. c. Safe, Sound, Sanitary MPRs help ensure
      that the property is safe, structurally sound, and sanitary. The scope of MPRs
      also includes issues related to the property’s location and legal considerations.
      d. Appraisal Subject to Repairs to meet MPRs The appraiser will prepare origination
      appraisals “subject to” the completion of any MPR repairs that appear to be
      needed and include the contributory value of the completed repairs in the estimated
      market value. Liquidation appraisals are prepared “as-is” (see Chapter 11, Topic
      20 of this Handbook). e. Recommend Repairs, Not Inspections Appraisers must
      not prepare appraisals subject to inspections. The appraiser must recommend
      repairs, not inspections, for any conditions that do not appear to meet MPRs.
      f. Cosmetic Items The appraiser should not recommend repairs of cosmetic items,
      items involving minor deferred maintenance or normal wear and tear, or items
      that are inconsequential in relation to the overall condition of the property.
      While minor repairs should not be recommended, the appraiser should consider
      these items in the overall condition rating when estimating the market value
      of the property. Continued on next page VA Pamphlet 26-7, Revised Chapter 12:
      Minimum Property Requirements 12-4 1. Minimum Property Requirement Procedures,
      continued g. Detached Improvements Detached sheds or other improvments on the
      site may be included in value if the improvement meets VA’s MPRs. If the improvement
      does not meet MPRs it must be excluded from value. If the improvement presents
      a health or safety hazard, the appraisal must be completed subject to the removal
      of the improvement. h. Home Inspection Recommended After an origination appraisal
      is completed, the Notice of Value (NOV) that is issued to the Veteran includes
      a recommendation that the Veteran may wish to obtain a home inspection (see
      Chapter 13, Appendix A of this Handbook). i. Local Requirements Information
      about MPRs concerning properties in specific locations are listed by state at
      http://www.benefits.va.gov/HOMELOANS/appraiser_cv_local_req.asp. j. SAH Additional
      MPRs apply to Specially Adapted Housing (SAH) program cases. The Regional Loan
      Center (RLC) of jurisdiction should be contacted for assistance with SAH questions.
      VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 12-5'
  judgment: false
