HUD Requirements
I recently made an offer on a HUD house that was accepted with one condition. I accepted that condition. The paperwork was slow in coming and the realtor learned that an additional was added. That condition was that they will not provide a termite inspection report. The realtor implied that this was SOP. Is anyone aware if this is true?
HUD never has provided a termite report and never places a condition on acceptance. If you added closing costs as part of your bid a termite report is an allowable cost