No loan can be guaranteed by VA without first being
appraised by a VA-assigned fee appraiser. A buyer, seller, real estate agent or lender can request a VA appraisal by completing
VA Form 26-1805, “Request for Determination of Reasonable Value.” The requester pays for the appraisal upon completion,
according to a fee schedule approved by VA. This VA appraisal estimates the value of the property. It is not an inspection
and does not guarantee the house is free of defects. VA guarantees the loan, not the condition of the property.