va credit: VA Home Loan Fast Facts For San Diego County, Part Three - 03/25/16 04:21 AM
VA Home Loan Fast Facts For San Diego County, Part Three
Who takes care of the Pest Inspection and repairs? Veterans cannot pay for the actual pest inspection report. However, either the buyer or seller can pay for the actual repairs. Keep in mind that VA typically only requires that Section 1 (obvious infestation) of the pest inspection report be cleared.
For a VA Cash-Out refinance (paying off a non-VA loan with a VA loan, or getting actual cash out, debt consolidation, etc.) a Pest Inspection is required. However, not required for a VA Interest Rate Reduction Refinance Loan (VA IRRRL a.k.a. VA Streamline). … (2 comments)

 


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