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Rainer
45,957
Andy Madrid
Hawaii Coast Realty, LLC - Kailua-Kona, HI
Expertise, Professionalism, and Service

I think it depends on where you are and what state you are in.  When I was selling in Oregon, for a USDA deal, if it wasn't in the contract, it wasn't an issue: ie - if pest work wasn't asked for in the contract, the USDA lender didn't care.  However what USDA did care about was property eligibility - essentially (in my cases) it couldn't be a property that had income generating potential and it could not have "outbuildings" on the property - no barns, no storage sheds, etc.  Couldnt be a farm or in an area zoned for agriculture or farming because there was potential income generating possibilities.  

Sep 22, 2015 04:01 AM
Rainmaker
784,786
The Woodland Team of Texas
The Woodland Companies - Austin, TX
Land Specialists

I have never worked with these.

Feb 25, 2019 08:43 PM
Ambassador
6,393,494
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I wouldnt know this.

Sep 05, 2018 07:16 PM
Ambassador
3,164,294
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I've never ever had a lender given the home inspection. However ever issue noted by the appraiser must be addressed and have a re-inspection by the appraiser.

Sep 22, 2015 12:52 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I haven't had it come up in my area either so it may be more of an underwriter issue.

Sep 22, 2015 10:19 AM
Rainer
417,221
Caroline Gerardo
Licensed in 20 states - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

These days escrow or attorney will send the funder everything - termite, well, and any inspections, thus opening up all work to be completed. Assume if there was an inspection the conditions of the inspection become a part of the deal. No inspection, and not mentioned in the appraisal, and no credits or mention in the contract the item may not become a part of final conditions

Sep 22, 2015 08:07 AM
Rainmaker
2,443,250
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

If it is this is new to me.

Sep 22, 2015 08:06 AM