va cashout refinance: When Are VA Termite Inspections Required? - 04/30/15 12:11 PM
When are VA Termite Inspections Required?¬†A termite inspection is waived on a VA IRRRL (streamline) refinance. It is required on a purchase and a cashout refinance. If the property is a low-rise or high-rise condo its only required if the appraiser notices a potential issue. If there is active infestation by pests (Section I) it would require all items referenced on the termite report to be corrected. Items such as peeling paint and leaking pipes would be considered as (Section II) and that would be at the underwriter's discretion to condition for repair. If you have any further questions or concerns¬†please … (3 comments)

 
Shawn Sidhu (C2 Financial Corporation)

Shawn Sidhu

San Jose, CA

More about me…

C2 Financial Corporation

Address: 1250 Aviation Avenue, Suite 200Q, San Jose, CA, 95110

Office: (800) 984-0886

Mobile: (510) 206-0533

Email Me



Links

Archives

RSS 2.0 Feed for this blog