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Updated over 5 years ago,

User Stats

127
Posts
20
Votes
Kay March
  • Gainesville, FL
20
Votes |
127
Posts

VA Financing and Repairs

Kay March
  • Gainesville, FL
Posted

Selling a house FSBO. Buyer is getting VA financing. Today the termite inspector, after noting that there were no termites, went around the house pointing out areas of minor wood rot to the buyer, and he said that the VA probably wouldn't allow closing to take place until wood rot is repaired. Is that true? And would the termite inspector even include reports about minor wood rot in his report, or was he probably just being "helpful' by sharing his observations with the buyer? This is a problem because in this neighborhood the HOA repairs wood rot, and they certainly won't do it before the scheduled closing. Apparently the regular home inspector didn't mention wood rot.

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