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DO ALL RECOMMENDATIONS LISTED ON AN INSPECTION REPORT HAVE TO BE COMPLETED PRIOR TO THE SALE OF THE HOME?

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DO ALL RECOMMENDATIONS LISTED ON AN INSPECTION REPORT HAVE TO BE COMPLETED PRIOR TO THE SALE OF THE HOME?

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A. There is no law requiring that any recommendations listed on a report must be completed. However, many financial institutions require that both the inspection and all recommendations be completed prior to the close of escrow. The lender usually requires certification from a pest control company stating that the structure is free of infestation or infection. Some financial institutions may only be interested in determining whether recommendations for correcting active infestations and infections and the resulting damage have been completed. Lenders such as FHA and VA may require conditions that are present which could lead to an infestation or infection to be completed also. A consumer may request a report from the pest control company which designates each item as either a Section 1, Section 2, or unknown for further inspection. Whether the buyer or seller pays for the work depends on the contract. The buyer should be aware of any recommendations which have not been completed before

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