Wisconsin Administrative Code
Department of Veterans Affairs
Chapter VA 12 - Personal Loan Program
Section VA 12.05 - Real estate valuation

Universal Citation: WI Admin Code ยง VA 12.05

Current through February 26, 2024

(1) GENERAL. The department may accept the current equalized assessed full market value or fair market value as stated on the prior year's property tax statement as the value of the property for all purposes.

(2)APPRAISALS. If an applicant wishes to provide a property appraisal, the appraiser must be licensed by the state of Wisconsin.

(3)USE OF APPRAISALS. If the applicant submits an appraisal the appraisal is advisory only. The department may consider age of the appraisal, equity established by the appraisal, condition of the property or market value established by the appraisal in evaluating the appraisal submitted. The department may determine the value of properties for its purposes by means of property inspection by department representatives, by obtaining appraisal reports at its own expense, or by such other means as it may deem practical.

Disclaimer: These regulations may not be the most recent version. Wisconsin may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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