What is a Form 99B?

What is a Form 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.

What is a 99A form?

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 Npma 99B?

Form HUD-NPMA-99B is also known as the New Construction Subterranean Termite Service. Unlike the HUD-NPMA 99A, It is filled up by the pest control company. Then the pest control company submits it to the builder to accompany the HUD-NPMA-99A to closing.

What is NPCA 99A?

form HUD-NPCA-99-A (04/2003) Form NPCA-99-A may still be used. Subterranean Termite Soil Treatment Builder’s Guarantee. This form is completed by the builder.

Does VA require termite inspection on new construction?

Are there requirements for new construction homes? If you are using a VA loan to purchase new construction, depending on the state the property may still require a termite inspection and/or a New Construction Subterranean Termite Soil Treatment Record.

What is the VA not inspected Acknowledgement?

Whether the builder is providing a one-year warranty or a ten-year protection plan, the borrower must execute a written acknowledgment stating, in essence, that he is aware that the VA did not inspect the property during construction and that there are limitations (or prohibitions) with the VA’s assistance with …

Does FHA require termite inspection in Maryland?

For streamline refinances with an appraisal, repair conditions must be noted on the applicable appraisal form but FHA does not require repairs (except for lead based paint repairs) to be completed, nor does FHA require a termite inspection.

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.

What states require a VA termite inspection?

The VA requires a wood-destroying pest inspection for much of the U.S. Learn which states require a termite inspection and who pays….The nine states where VA buyers can currently pay for a pest inspection are:

• Alabama.
• Arkansas.
• Arizona.
• California.
• Florida.
• Louisiana.
• Mississippi.
• Oklahoma.

Does VA require a 10 year warranty?

On new construction homes the VA requires a 1 year builder’s warranty or a 10 year insured protection plan, but some builders offer additional protections or warranty options.

What is the VA escape clause?

The Mandatory Escape Clause, Part 1 Put simply, it addresses a situation when a VA property appraisal determines a home value lower than the contract purchase price. In these situations, this clause states that buyers can back out of the deal without any penalty.

Does FHA check for termites?

The FHA has strict guidelines around termite inspection requirements for existing homes which can be found in the HUD Handbook 4000.1. The lender must confirm that the property is free from termites and other wood destroying insects and organisms before the property can be financed with an FHA insured loan.

What are the regulations for termites in a HUD home?

Section 24 CFR 200.926d(b)(3) requires that the sites for HUD insured structures must be free of termite hazards. This information collection requires the builder to certify that an authorized Pest Control company performed all required treatment for termites, and that the builder guarantees the treated area against infestation for one yea r.

What is the HUD npma-99b form?

The HUD NPMA-99B form is required for the informational purpose to the builder on new (proposed) construction when soil treatment for the prevention of subterranean termite infestation. Get your HUD-99B form today to learn who is responsible for filling it up, and everything else you need to know.

What do I need to know about pest control for termites?

This information collection requires the builder to certify that an authorized Pest Control company performed all required treatment for termites and that the builder guarantees the treated area against infestation for one year. Builders pest… Forget about scanning and printing out forms.