VA Lenders Handbook (VA Pamphlet 26-7), Chapter 13, Topic 7 — Notice of Value Validity Period

va-m26-7-ch13-t07

VA Lenders Handbook (VA Pamphlet 26-7), Chapter 13, Topic 7 — Notice of Value Validity Period.

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  authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 13, Topic 7 — Notice of Value Validity Period
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      authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 13, Topic 7 — Notice of Value Validity Period
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      paragraph_quote: '7. Notice of Value Validity Period Change Date July 22, 2019 • This chapter has been revised in its entirety. a. Validity Period An NOV is valid for 6 months. b. Veteran Under Contract If a Veteran is under contract during the validity period, processing may continue until that transaction is either completed or terminated. c. Extension of the Validity Period On a case-by-case basis, VA may extend validity periods when requests for such actions are reviewed and found to be appropriate under prevailing conditions. VA Pamphlet 26-7, Revised Chapter 13: Notices of Value 13-11'

Verbatim regulatory text (1)

Verbatim provisions from VA Lenders Handbook (VA Pamphlet 26-7), Chapter 13, Topic 7 — Notice of Value Validity Period — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

VA Lenders Handbook (VA Pamphlet 26-7), Chapter 13, Topic 7 — Notice of Value Validity Period

7. Notice of Value Validity Period Change Date July 22, 2019 • This chapter has been revised in its entirety. a. Validity Period An NOV is valid for 6 months. b. Veteran Under Contract If a Veteran is under contract during the validity period, processing may continue until that transaction is either completed or terminated. c. Extension of the Validity Period On a case-by-case basis, VA may extend validity periods when requests for such actions are reviewed and found to be appropriate under prevailing conditions. VA Pamphlet 26-7, Revised Chapter 13: Notices of Value 13-11

Source: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 13, Topic 7 — Notice of Value Validity Period · source URL · snapshot 7bf94e7ed62e01fb