Wood destroying insect inspections for home sales. This is important for home buyers and home sellers.

Wood destroying insect inspections (WDI inspections) can reveal costly damage to homes and in some cases they are required.

You may have heard of termite inspections. WDI inspections are more encompassing than just looking for termites. In Virginia, WDI inspections typically look for signs of termites, wood boring beetles, carpenter bees, and carpenter ants. Signs of these insects include damage to structures.

Are wood destroying insect inspections required for home loans? Sometimes. For some home loans, a “clean” WDI inspection report is required in order for a lender to approve a borrower’s home loan application. For VA-guaranteed loans, WDI inspections are required in Virginia. Lenders may require WDI inspections for other types of home loans as well.

It can be quite important for sellers to have a wood destroying insect inspection as they get their homes ready to sell. Doing so can reveal issues that should be resolved early so they are not problematic to the an eventual sales contract.

The below video presentation provides additional information about wood destroying insect inspections for home sales. Additional information about Virginia-based real estate transactions is provided in numerous blog posts at our Good Info To Know webpage: https://veteranrealty.us/good-info-to-know/