Construction and Valuation Frequently Asked Questions
Electrical
1. What type of electrical panels are acceptable to VA?
For acceptability of an electrical system you must contact the local authority. The VA requirement is for safe, adequate and acceptable to the local authority. The local authority is responsible for enactment of electrical codes and enforcement.
2. Are properties with overhead voltage lines crossing it acceptable?
No part of any residential structure may be located within a high voltage electric transmission line easement. Any detached improvements even partially in a transmission line easement will not receive value for VA purposes. Refer to Lender's Handbook, Section 12.07.
3. Are electrical systems with fuses acceptable to VA?
VA requires that electrical systems be safe, adequate and acceptable to the local authority. The local authority, usually the building department, is responsible for enactment and enforcement of electrical codes. If a fused electrical system is acceptable to the local authority it is acceptable to VA. Refer to the Lender's Handbook, Chapter 12.