Does Bank Mandate Termite Inspection/Treatment before Loan Approval in State of KS/MO?

[Bradley N.]

I am under contract to purchase a HUD property soon. A general home inspector seen termite damage under the front porch. He will be coming back soon to do a more thorough inspection. What's the banks position on this issue?

I have been told by a termite inspector that laws are changing and that banks demand treatment every 5 years on properties with known termite issues. Is that true? If this is, in fact true, how would I even know when the last termite treatment was done on this property? The termite treatment estimate was $395.00 but the exterminator admitted to not even knowing if there is a live infestation.

Also, what is the minimum termite grounds that HUD will allow you to cancel a contract on if necessary with regard to termites. Do they require confirmation that a live infestation is present, is documentation of termite damage by an exterminator specialist sufficient? Is evidence of prior termite treatments on the property enough to cancel a HUD contract? And will HUD accept live infestation and damage confirmation from an exterminator company estimate or does it have to be from a general home inspector?

Just want to be in the "know" given the current situation I find myself in.

Thanks for reading.