Are Lenders Requiring Termit Inspections In California

While termite inspections are closely regulated by california department of consumer affairs and the scope of the inspection is required by state law there is not any particular law in california requiring a home owner or seller to have a termite inspection done.

Are lenders requiring termit inspections in california. The results of the termite inspection are delivered by the termite inspector with a form called a structural pest control report spc. In california termite and pest companies used in fha inspections have to be licensed by the state. Moreover some state and city laws or the lender may require a termite inspection. While effective post construction termite control treatments can be made the vast majority of these treatments take place after damage has already occurred.

Tuesday march 6 2018 termite inspections are not required in california during the sale of real property. Spcs are not required in california and many lenders do not require this type of disclosure. It s always good to get a home inspection since the appraiser won t look for the. Termite treatment exception areas following is the termite treatment exception areas list referred to in the federal housing administration fha single family housing policy handbook sf handbook.

Not required in grafton carroll and coos counties. Hud termite inspection reporting and requirements subterranean termites cause an estimated 5 billion in damage to structures in the united states every year. Required in any other county. Here are the hard fast rules as per each investor group.

Some borrowers believe that termite inspections are mandatory in all fha loan scenarios. Lender rules for termite inspections and repairs in 2015 car forms eliminated the previously required wood pest inspection reports from the residential purchase agreement. Conventional loans don t typically require pest or other inspections unless there s evidence that they are needed. Regardless of the location of the property an inspection is always required if the appraisal report indicates evidence of wood destroying insect damage or an active insect infestation.

When a buyer places an offer on a home they are considering purchasing they can ask that the seller provide a termite inspection and pay for repairs found in that inspection. Now buyers sellers have 1 more issue to argue about right up to coe. Termite inspection requirements for fha loans the main thing to know is that a full termite inspection isn t always required on home purchases that are financed through the fha mortgage program. Unless otherwise noted wood destroying insect information is required per section 13 06 of the lender s handbook.