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What is a 99B?

What is HUD NPMA-99B? The HUD NPMA-99B form is a termite-related document. It is submitted for the informational purpose to the builder on new (proposed) construction when soil treatment for the prevention of subterranean termite infestation is specified by the builder, architect or required by the lender, FHA, or VA.

Is termite clearance required for VA loan in California?

If you are planning to use your VA home loan in the San Diego, California, area, be aware that a termite report and clearance will be required. The VA also requires that you sign a receipt for both documents.

What is form Npma 99a?

This form is submitted for proposed (new) construction cases when prevention of subterranean termite infestation is specified by the builder or required by the lender, the architect, FHA or VA. This form is to be completed by the builder.

What is form Npma 99a?

This form is submitted for proposed (new) construction cases when prevention of subterranean termite infestation is specified by the builder or required by the lender, the architect, FHA or VA. This form is to be completed by the builder.

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.

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Does VA always require termite inspection?

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. VA offices may instruct fee appraisers to list, when applicable, other local requirements as conditions on appraisal reports.

How long is a termite inspection good for VA?

The VA recognizes a Wood-Destroying Insect Inspection for up to 90 days. This gives you that time to finish the closing process and move into your new home.

Is a termite inspection required in Virginia?

Wood Destroying Insects \u2013 Wood Destroying Insect Inspections are required on all existing residential properties, including condominium projects that are 5 stories or less in height, due to the high probability of termite infestation in the area.

Does VA require the NPMA-33 form?

The National Pest Management Association form is required for real estate transactions involving HUD/VA loans (except in states that mandate use of their own forms).

What does the seller have to pay for a VA loan?

The VA loan program allows the seller to pay up to 4 percent of the home's price in closing costs. The seller isn't required to pay that much. If you'd like the seller to help cover your closing costs, be sure to let your real estate agent know before you negotiate a purchase contract.

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