Fillable Printable 26 1805
Fillable Printable 26 1805
26 1805
VAFORM
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.GASWATER
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.CONSTRUCTIONCOMPLETED(Mo.,yr.)
16. NAME OF OWNER 17. PROPERTY:18.RENT(Ifapplic.)
$ / 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.KEYSAT(Address) 27. INSTITUTION’S CASE NO. 25. ORIGINATOR’S IDENT. NO. 26. SPONSOR’S IDENT. NO.
29.NEWORPROPOSEDCONSTRUCTION-CompleteItems29Athrough29Gforneworproposedconstructioncasesonly
28.PURCHASER’SNAMEANDADDRESS(Completemailingaddress,IncludeZIPCode)
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(Checkone)
C. PLANS SUBMITTED PREVIOUSLY UNDER CASE NO.
FHAVANONE MADE
FIRST
SUBMISSION
REPEATCASE(Ifchecked
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.LEASEHOLDCASES(Completeifapplicable)
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.CERTIFICATIONREQUIREDONCONSTRUCTIONUNDERFHASUPERVISION(Strikeoutinappropriatephrasesinparentheses)
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,ANDZIPCODE:Makesuretoenterthe
ZIP code in all blocks which require an address entry.
LEGALDESCRIPTION:Insertlegaldescription.Ifnecessary,
attach 4 copies of a separate sheet showing the legal description.
TITLELIMITATIONS:Enterknowntitleexceptions.Ifnone
areknown,enter"None."Includeeasements,special
assessments,mandatoryhomeownersassociationmembership,
etc.Exceptionsnotedonthisapplicationwillbeconsideredin
reasonable value. Attach separate sheet (4 copies) if necessary.
LOTDIMENSIONS:ShowfrontageXdepth.Ifirregular,
indicate dimensions of all perimeter lot lines.
REMOVABLEEQUIPMENT:Personalproperty,suchas
furniture,drapesandrugs,willnotbevaluedandmaynotbe
includedintheloan.However,wall-to-wallcarpetingmaybe
included in value and also included in the loan.
CONSTRUCTIONCOMPLETED:Insertbothmonthandyear
whenpropertyhasbeencompletedlessthantwoyears.Ifover
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.
SALESCONTRACTS:Incasesinvolvingproposedconstructionorexistingconstructionnotpreviouslyoccupied,acopyofthe
executedorproposedsalescontractmustbesubmittedor,ifapreviouslyapprovedformofcontractistobeused,theapproved
contractcodenumbermaybeshowninItem37.Inthosecasesinwhichaveteranisundercontract,submissionofthecontractmay
be deferred until a loan application is received.
PROPOSEDCONSTRUCTION:Completeworkingdrawings,includingplotplan,foundationorbasementplans,plansofallfloors,
exteriorelevations,gradelevels,sectionalwalldetails,heatinglayout,individualwellandsepticsystemlayout,andspecificationson
VAForm26-1852,DescriptionofMaterials.(ConsultlocalVAofficefornumberofexhibitsetsrequired.)Thisinformationis
subject to reproduction by VA under 38 U.S.C. 3705 (b) and for storage purposes.
EXISTINGCONSTRUCTION:1.ALTERATIONS,IMPROVEMENTSORREPAIRS-Completedrawingsandspecifications
indicatingtheworktobedoneanditsrelationtothehouse,inthequantityrequiredbythelocalVAoffice.2.NOTPREVIOUSLY
OCCUPIEDANDCONSTRUCTIONCOMPLETEDWITHIN12CALENDARMONTHS-ContactlocalVAofficeforeligibility
criteria and required exhibits.
SUPERSEDES VA FORM 26-1805, JUN 2001,
WHICH WILL NOT BE USED.
COMMENTSONSPECIALASSESSMENTSAND/OR
HOMEOWNERASSOCIATIONCHARGES:Indicatespecial
assessmentswhicharenowalienorwillbecomealien.Inthe
caseofaplannedunitdevelopment,condominium,ora
mandatorymembershiphomeownerassociation,indicatethe
current monthly or other periodic assessment.
MINERALRIGHTS:Ifreserved,explaineitherinspaceshown
as title exceptions or by separate page.
LEASEHOLDCASES:(UsuallyHawaiiorMaryland.)If
propertyinvolvesaleasehold,insertthegroundrentperyear
andshowwhethertheleaseisfor99yearsorrenewable,
whetherithaspreviouslybeenVAapproved,anditsexpiration
date. Submit two copies of the lease agreement.
SALEPRICE:Enterproposedsalepriceexceptwhen
applicationinvolvesanindividualowner-occupantbuildingfor
himself/herself.Insuchcases,enterestimatedcostof
constructionandthebalanceownedonthelot,ifany.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.
RespondentBurden:WeneedthisinformationtorequestanappraisalonthepropertyforwhichVAguaranteeoftheloanis
requested(38U.S.C.3710(b)).Title38,UnitedStatesCode,allowsustoaskforthisinformation.Weestimatethatyouwillneedan
averageof12minutestoreviewtheinstructions,findtheinformation,andcompletethisform.VAcannotconductorsponsora
collectionofinformationunlessavalidOMBcontrolnumberisdisplayed.Youarenotrequiredtorespondtoacollectionof
informationifthisnumberisnotdisplayed.ValidOMBcontrolnumberscanbelocatedontheOMBInternetPageat
www.whitehouse.gov/omb/library/OMBINVC.html#VA.Ifdesired,youcancall1-800-827-1000andgiveyourcommentsoraskfor
mailing information on where to send your comments.
Completetheformfollowingtheinstructionsbelow.Aftercompletionforwardtheform,togetherwithanynecessaryexhibitstothe
VA office having jurisdiction.
Sincecertainselecteddatafrompage1istranscribedontoVANOV(NoticeofValue),werequestthatthisformbecarefully
prepared. Incomplete submissions impede timely processing at the expense of both the Government and the requester.
Thisreportisauthorizedbylaw(38U.S.C.3704(a)and3710(b).Failuretoprovidetheinformationrequestedcanresultinrejection
of the property as security for a loan.
