Q: Is a Termite Letter Required to Sell A Home?
A: Technically, according to the Purchase and Sale Agreement, the termite letter is not required. However, it does depend on several other factors:
- Does the lender require it? (VA, FHA, etc. Some lenders do.)
- Based on the F13, “Protect Yourself When Buying A Home”, it is recommended that a termite inspection be performed. This is referred to in the F-20 or Purchase and Sale agreement.
- Under the Due Diligence Period, in the F20, it is the buyers responsibility for any and all inspections.