VA Pamphlet 26-7 Chapter 12, Topic 25: Alternative Energy Equipment

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VA Lender's Handbook, VA Pamphlet 26-7
Version in Zeitro Strata
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page 308 of 461

Page 308

Topic 25. Alternative Energy Equipment

March 28, 2019

This Chapter has been revised in its entirety.

a. Alternative Energy Systems

Alternative energy systems use wind, geothermal, or solar energy to produce energy to support the habitability of the structure.

b. Market Acceptance to be Considered

The appraiser must analyze the market acceptance of special energy-related building components and equipment, including solar energy components, high-energy efficiency housing features and components, geothermal systems, and wind powered components.

c. No Value to Leased Equipment

Leased equipment must not be given value in the appraisal.

Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.