Home Buying in San Lorenzo>Question Details

Elizabeth, Real Estate Pro in San Lorenzo, CA

We have a client who we are in contract with in San Lorenzo CA, he is buying this REO property

Asked by Elizabeth, San Lorenzo, CA Thu Mar 8, 2012

He is buying it "AS IS" and FHA, we are moving along fine then the appraiser noted that a termite inspection is needed per Alameda county, even if the buyer opted not to do any inspections and is willing to buy the property as is. Alameda county claims there no such rule that if the house older than 1947, a termite inspection is a must, however the appraiser is sticking to hi sfact when he cant even provide us with proof of the ordinance, can anyone shed light on this matter?

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The appraiser may have noticed evidence of termite or water damage. The appraiser may be suggesting a pest report be done based on the appraiser’s observations. This may be a lender requirement but is not a requirement of Alameda County.
0 votes Thank Flag Link Fri Mar 9, 2012
This may be an investor or license guideline that applies to Alameda and other specific counties, under state guidelines. It may also be a company specific guideline, but usually the easiest way to deal with this is to call the AMC and have them get the appraisal supervisor involved to find a resolution.
0 votes Thank Flag Link Fri Mar 9, 2012
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