What is a Npma 33 form?

The NPMA-33 WDI inspection report is only used to report activity or damage from wood destroying insects that, for the purposes of this report, include termites, carpenter ants, carpenter bees, and reinfesting wood boring beetles.

How long is a VA termite good for?

90 days
For the purposes of closing the loan, the VA considers the Wood Destroying Insect Inspection and the PC-9 Form to be valid for 90 days.

Does VA require Section 2 termite clearance?

The VA requires all Section 1 work to be completed. The VA allows the underwriter to make a judgement call for Section 2 work. Normally the rule is if the problem is a health or safety issue they need to call for the work to be done.

What is a GA wood Infestation report?

What is a wood infestation report? Also known as a “termite letter,” an official Georgia Wood Infestation Inspection Report documents any visible signs of active or previous infestations of subterranean termites, dry wood termites, powder post beetles, wood-boring beetles or wood-decaying fungi.

What are wood destroying insects?

The three most common families of beetles in Northern California that invade and damage structural and decorative wood and furniture are the powderpost beetles (Lyctidae), deathwatch beetles (Anobiidae) and false powderpost beetles (Bostrichiade).

How long is a WDI report good for?

This report shall be considered invalid for purposes of securing a mortgage and/or settlement of property transfer if not used within ninety (90) days from the date of inspection.

Can the buyer pay for termite repairs on a VA loan?

Although VA buyers cannot pay for the pest inspection in most states, they might be able to pay for any treatment to get rid of them. VA lenders may even let buyers pay for termite damage repairs in some cases.

Who pays for termite treatment on a VA loan?

Basically, on a purchase, someone besides the Veteran must pay for the VA termite inspection. Typically, the seller pays the cost, but it may also be the listing agent, buyer’s agent, or even the lender (as long as the Veteran does not pay it.) Most termite inspection invoices range from $50 – $100.

Does VA loan require termite clearance?

If you are using a VA (Veteran Affairs) loan to purchase a property or refinance an existing mortgage, the VA may require that the property have a termite inspection for the mortgage process. Any property purchased with a VA (Veterans Affairs) loan must meet the VA’s minimum property requirements.

How much is a termite letter in GA?

A termite inspection costs $75 to $150 on average, while a termite clearance letter or inspection report costs $100 to $200.

Is a termite inspection required in Georgia?

In Georgia there are no laws requiring a termite inspection be done in order for someone to purchase or sell a home. However, if a lender is involved, they might require a termite clearance letter.

What is eating my wood?

Keep reading to learn about four different types of wood-eating bugs including: termites, powderpost beetles, carpenter ants, carpenter bees, bark beetles and wood borers.

How can you tell if wood is damaged?

Signs of advanced damage include darkening and shrinking of the wood, and a soggy, spongy appearance. This is a very common to find in basements or crawl spaces that have been exposed to prolonged moisture or humidity.

What are considered wood destroying insects?

Termites
Termites are the insects most commonly thought of as “wood destroyers,” but there are other insects to watch out for in this category, too. Carpenter ants, longhorned beetles, powderpost beetles, and carpenter bees can also wreak havoc on wood structures and cause damage to homes.

Does termite damage affect appraisal?

Homeowners are legally required to disclose information about a termite infestation to any potential buyers since this discovery could affect your home’s structural integrity and appraisal. Some experts estimate termite damage could reduce the value of your home by approximately 20%.

Can a veteran pay for the termite inspection on a VA loan?

If a veteran or current service member uses a VA loan for their mortgage and lives in any other state that’s not mentioned above, the veteran cannot pay for the inspection. Instead, the seller must pay for the inspection. Or, if the homeowner is refinancing a VA loan, the lender will cover the pest inspection costs.

Are VA loan appraisals tougher?

VA appraisers aren’t necessarily harder on homes than conventional appraisers, but they do evaluate properties against different standards. The VA has strict requirements for properties it will finance, both to ensure the homeowner’s safety and the property’s value in the long run.