Good Morning termite inspection question has come up a lot recently. Refinancing
For existing properties (over one year old), termite inspections are not mandatory for all areas of the country. If the appraiser observes evidence of active termite or other wood boring insects, the appraiser will require termite inspection and treatment. In addition, if it is customary to the area or required by State law or local jurisdiction, the appraiser will require an inspection and treatment.
For new construction, HUD's policy concerning the requirement for a builder's warranty against termite infestation in new homes is outlined in Mortgagee Letter(s) 1999-03, 2001-04 and 2003-11.
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