VAFORMS.NET – VA Form 26-8731b – Electrical Systems Inspection Report (Manufactured Home) – The VA Form 26-8731b is an electrical system inspection report which is used to document an inspection of an electrical system in a home or a facility. It is used to help the VA determine whether or not a building needs a new electrical system or to repair an existing system.
Download VA Form 26-8731b – Electrical Systems Inspection Report (Manufactured Home)
|Form Number||VA Form 26-8731b|
|Form Title||Electrical Systems Inspection Report (Manufactured Home)|
|Edition Date||July 2022|
|File Size||785 KB|
What is VA Form 26-8731b?
One of the most important things to do as a builder, or any other professional who is responsible for the value estimate, is to have a VA Form 26-8731b on hand at the job site. This form is designed to provide a basic overview of the minimum property requirements for a certain building. It is a required item and should be presented to the borrower or lender prior to closing the loan. In order to be approved, the form must contain all required signatures and must be completed in duplicate. If the form is not submitted in the proper format, it may be rejected by the VA.
The most important part of this form is the table. The top part of the table lists the various types of notes. These notes are grouped by denomination. For example, type 202 (a) is a note with a nominal value of $2000.
On the bottom part of the table, there is a smaller list of similar notes. Among these are the types 106 (1723 184g); 107 (1926 206); 108 (224 164); 112 (2681-45 817); 115 (2681-29 1003); 126 (2:1926 208); and 122 (115 576 206a-9). A similar table is provided for the types 102 2183 166; 104 216; 105 1750 208; 107 (1926 208); and 116 (224 164).
Despite its small size, the VA Form 26-8731b contains a number of other interesting features. It is a good idea to review this form as soon as you have a loan application in hand.
Where Can I Find a VA Form 26-8731b?
If a VA fee appraiser is assigned to an appraisal, he or she may note any changes that might affect the reasonable value of the property. These changes are listed in the conditions of acceptance. Any change that fails to comply with these requirements will result in the VA denying approval of the appraisal.
A copy of the value estimate will be attached to the loan file. In addition to the value, the VA will also endorse a certificate of reasonable value. This is a document that contains information about the property’s quality of workmanship and materials.
When completing the VA Form 26-1844, the builder must sign all of the required signatures. He or she must also have the form at the job site. Before the work is complete, a fee inspector will check to ensure that the form is completed properly.
When a fee inspector finds that a home’s construction exhibits are incorrect, the VA fee appraiser must make an adjustment in the value of the property. The fee inspector will describe the change in the equipment used and the value attributed to the replacement of the equipment. Once the value is adjusted, the VA will issue an amended NOV.
The fee inspector will also check to ensure that the VA Form 26-1844 is completed in duplicate. He or she will also approve the form if the builder has met all of the requirements.
VA Form 26-8731b – Electrical Systems Inspection Report (Manufactured Home)
If you are building a new home or if you have an existing one and are looking to get a VA loan, you will need to know what you are doing and be able to show your stuff when it comes to filing your paperwork. Aside from the typical things like your mortgage documents, there are many other considerations to make. You need to be sure that you take the time to fill out all the relevant forms and you should also ask your lender about any special requirements that they have for filing your documents. For instance, if you live in a subdivision where you have to share the same property with other homeowners, you will need to get a copy of their homeowner association rules.
In addition to the usual suspects, you may want to consider hiring an attorney who can assist you with the necessary forms. This is not only to avoid any lawsuits but also to ensure that your paperwork is in order. The same goes for having an insurance agent at the ready should you need to file a claim. Plus, a legal professional can provide you with important insights that you may have missed in the rush to complete your new house.
VA Form 26-8731b Example