Fillable Printable 26 1805
Fillable Printable 26 1805
26 1805
VA FORM
AUG 2004
26-1805
SUPERSEDES VA FORM 26-1805, JUN 2001,
WHICH WILL NOT BE USED.
OMB Control No. 2900-0045
Respondent Burden: 12 minutes
REQUEST FOR DETERMINATION OF REASONABLE VALUE (Real Estate)
1. CASE NUMBER
2. PROPERTY ADDRESS (Include ZIP Code and county) 3. LEGAL DESCRIPTION
4. TITLE LIMITATIONS AND RESTRICTIVE
COVENANTS:
PLANNED UNIT
2. DEVELOPMENT
9. BUILDING STATUS
5. NAME AND ADDRESS OF FIRM OR PERSON MAKING REQUEST/APPLICATION (Include ZIP Code)
1. IRREGULAR: SQ/FT
6. LOT DIMENSIONS:
2. ACRES:
1. CONDOMINIUM
ELEC. GAS WATER
SAN. SEWER
7. UTILITIES ( )
1. PUBLIC
2. COMMUNITY
3. INDIVIDUAL
8.
E
Q
U
I
P.
8. W/W
CARPET
2. UNDER CONSTRUCTION
10. BUILDING TYPE
DISH
3. WASHER
ALTERATIONS,
IMPROVEMENTS,
4. OR REPAIRS
APT.
4. UNIT
3. ROW
PRIVATE
1. DETACHED
13B. STREET
MAINTENANCE
12B. NO. OF
LIVING UNITS
3. EXISTING
SEMI-
2. DETACHED
1. PROPOSED
PUBLIC
14A. CONSTRUCTION WARRANTY INCLUDED?
12A. NO. OF
BUILDINGS
11. FACTORY
FABRICATED?
13A. STREET
ACCESS
1. YES
2. NO
1.
2.
14B. NAME OF WARRANTY PROGRAM
(If "Yes," complete
Items 14b and 14c also)
1. YES
2. NO
14C. EXPIRATION DATE
(Month, day, year)
1. RANGE/
OVEN
9.
7 VENT FAN
2. REFRIG.
15. CONSTRUCTION COMPLETED (Mo.,yr.)
16. NAME OF OWNER 17. PROPERTY: 18. RENT (If applic.)
$ / MONTH
4. CLOTHES
WASHER
5. DRYER
19. NAME OF OCCUPANT 20. TELEPHONE NO. 21. NAME OF BROKER
22. TELEPHONE NO. 23. DATE AND TIME AVAILABLE
FOR INSPECTION
PMAM
24. KEYS AT (Address) 27. INSTITUTION’S CASE NO. 25. ORIGINATOR’S IDENT. NO. 26. SPONSOR’S IDENT. NO.
29. NEW OR PROPOSED CONSTRUCTION - Complete Items 29A through 29G for new or proposed construction cases only
28. PURCHASER’S NAME AND ADDRESS (Complete mailing address, Include ZIP Code)
EQUAL OPPORTUNITY IN HOUSING
NOTE: Federal laws and regulations prohibit
discrimination because of race, color, religion, sex,
or national origin in the sale or rental of residential
property. Numerous State statutes and local
ordinances also prohibit such discrimination. In
addition, section 805 of the Civil Rights Act of
1968 prohibits discriminatory practices in
connection with the financing of housing.
If VA finds there is noncompliance with any
antidiscrimination laws or regulations, it may
discontinue business with the violator.
A. COMPLIANCE INSPECTIONS WILL BE OR WERE MADE BY: B. PLANS (Check one)
C. PLANS SUBMITTED PREVIOUSLY UNDER CASE NO.
FHA VA NONE MADE
FIRST
SUBMISSION
REPEAT CASE (If checked
complete Item 29C)
D. NAME AND ADDRESS OF BUILDER
E. TELEPHONE NO. F. NAME AND ADDRESS OF WARRANTOR
CERTIFICATIONS FOR SUBMISSIONS TO VA
30. COMMENTS ON SPECIAL ASSESSMENTS OR HOMEOWNERS
ASSOCIATION CHARGES
G. TELEPHONE NO.
31. ANNUAL REAL ESTATE TAXES
32. MINERAL RIGHTS RESERVED?
$
YES NO
34A. SALE PRICE OF PROPERTY
$
34B. IS BUYER PURCHASING LOT
SEPARATELY?
(If "Yes," see instruction page
under "Sale Price")
35. REFINANCING-AMOUNT OF
PROPOSED LOAN
$
99 YEARS
RENEWABLE
36. PROPOSED SALE
CONTRACT ATTACHED
33. LEASEHOLD CASES (Complete if applicable)
A. LEASE IS: B. EXPIRES (Date)
C. ANNUAL GROUND RENT
YES NO
37. CONTRACT NO.
PREVIOUSLY
APPROVED
BY VA THAT WILL BE
USED
1. On receipt of "Certificate of Reasonable Value" or advice from the Department of Veterans Affairs that a "Certificate of Reasonable Value" will
not be issued, we agree to forward to the appraiser the approved fee which we are holding for this purpose.
2. CERTIFICATION REQUIRED ON CONSTRUCTION UNDER FHA SUPERVISION (Strike out inappropriate phrases in parentheses)
I hereby certify that plans and specifications and related exhibits, including acceptable FHA Change Orders, if any, supplied to VA in this case, are
identical to those (submitted to) (to be submitted to) (approved by) FHA inspections, and that FHA inspections (have been) (will be) made
pursuant to FHA approval for mortgage insurance on this basis of proposed construction under Sec.
$
38. SIGNATURE OF PERSON AUTHORIZING THIS 39. TITLE
YES (Explain)
NO
40. TELEPHONE NUMBER 41. DATE
42. DATE OF ASSIGNMENT 43. NAME OF APPRAISER
WARNING: Section 1010 of title 18, U.S.C. provides: "Whoever for the purpose of . . .influencing such Administration . . .makes, passes, utters or publishes any
statement knowing the same to be false . . .shall be fined not more than $5,000 or imprisoned not more that two years or both.
.
.
OCCUPIED BY TENANT
(Complete Item18 also)
OCCUPIED BY
OWNER
NEVER
OCCUPIED
VACANT
GARBAGE
6. DISPOSAL
4. CLOTHES
WASHER
1.
2.
PRIVATE
PUBLIC
VA FORM
AUG 2004
26-1805
REQUIRED EXHIBITS TO BE SENT WITH APPLICATION
NAME, ADDRESS, AND ZIP CODE: Make sure to enter the
ZIP code in all blocks which require an address entry.
LEGAL DESCRIPTION: Insert legal description. If necessary,
attach 4 copies of a separate sheet showing the legal description.
TITLE LIMITATIONS: Enter known title exceptions. If none
are known, enter "None." Include easements, special
assessments, mandatory homeowners association membership,
etc. Exceptions noted on this application will be considered in
reasonable value. Attach separate sheet (4 copies) if necessary.
LOT DIMENSIONS: Show frontage X depth. If irregular,
indicate dimensions of all perimeter lot lines.
REMOVABLE EQUIPMENT: Personal property, such as
furniture, drapes and rugs, will not be valued and may not be
included in the loan. However, wall-to-wall carpeting may be
included in value and also included in the loan.
CONSTRUCTION COMPLETED: Insert both month and year
when property has been completed less than two years. If over
two years old, insert year completed only.
OMB Control No. 2900-0045
Respondent Burden: 12 minutes
INSTRUCTIONS FOR PREPARATION OF VA REQUEST FOR DETERMINATION OF REASONABLE VALUE
FORM ENTRIES
NOTE: ALL ENTRIES MUST BE TYPED.
SALES CONTRACTS: In cases involving proposed construction or existing construction not previously occupied, a copy of the
executed or proposed sales contract must be submitted or, if a previously approved form of contract is to be used, the approved
contract code number may be shown in Item 37. In those cases in which a veteran is under contract, submission of the contract may
be deferred until a loan application is received.
PROPOSED CONSTRUCTION: Complete working drawings, including plot plan, foundation or basement plans, plans of all floors,
exterior elevations, grade levels, sectional wall details, heating layout, individual well and septic system layout, and specifications on
VA Form 26-1852, Description of Materials. (Consult local VA office for number of exhibit sets required.) This information is
subject to reproduction by VA under 38 U.S.C. 3705 (b) and for storage purposes.
EXISTING CONSTRUCTION: 1. ALTERATIONS, IMPROVEMENTS OR REPAIRS - Complete drawings and specifications
indicating the work to be done and its relation to the house, in the quantity required by the local VA office. 2. NOT PREVIOUSLY
OCCUPIED AND CONSTRUCTION COMPLETED WITHIN 12 CALENDAR MONTHS - Contact local VA office for eligibility
criteria and required exhibits.
SUPERSEDES VA FORM 26-1805, JUN 2001,
WHICH WILL NOT BE USED.
COMMENTS ON SPECIAL ASSESSMENTS AND/OR
HOMEOWNER ASSOCIATION CHARGES: Indicate special
assessments which are now a lien or will become a lien. In the
case of a planned unit development, condominium, or a
mandatory membership homeowner association, indicate the
current monthly or other periodic assessment.
MINERAL RIGHTS: If reserved, explain either in space shown
as title exceptions or by separate page.
LEASEHOLD CASES: (Usually Hawaii or Maryland.) If
property involves a leasehold, insert the ground rent per year
and show whether the lease is for 99 years or renewable,
whether it has previously been VA approved, and its expiration
date. Submit two copies of the lease agreement.
SALE PRICE: Enter proposed sale price except when
application involves an individual owner-occupant building for
himself/herself. In such cases, enter estimated cost of
construction and the balance owned on the lot, if any. If
refinancing, enter amount of proposed loan in Item 35.
NOTE: If title is not "fee simple," submit copies in duplicate of all pertinent legal data providing a full explanation of the title
involved.
Respondent Burden: We need this information to request an appraisal on the property for which VA guarantee of the loan is
requested (38 U.S.C. 3710(b)). Title 38, United States Code, allows us to ask for this information. We estimate that you will need an
average of 12 minutes to review the instructions, find the information, and complete this form. VA cannot conduct or sponsor a
collection of information unless a valid OMB control number is displayed. You are not required to respond to a collection of
information if this number is not displayed. Valid OMB control numbers can be located on the OMB Internet Page at
www.whitehouse.gov/omb/library/OMBINVC.html#VA. If desired, you can call 1-800-827-1000 and give your comments or ask for
mailing information on where to send your comments.
Complete the form following the instructions below. After completion forward the form, together with any necessary exhibits to the
VA office having jurisdiction.
Since certain selected data from page 1 is transcribed onto VA NOV (Notice of Value), we request that this form be carefully
prepared. Incomplete submissions impede timely processing at the expense of both the Government and the requester.
This report is authorized by law (38 U.S.C. 3704(a) and 3710(b). Failure to provide the information requested can result in rejection
of the property as security for a loan.
