VA Interest Rates VA loan Application Denver Realtor
CONDITIONS/REQUIREMENTS
(CONTINUED)
[Check
all items which apply and give appropriate information]
PROPERTY
ADDRESS [complete address]
VA CASE NO.:
_____2.
WOOD-DESTROYING INSECT
INFORMATION
_____a.
Inspection Report (Existing
Construction). The property
must be inspected at no cost to you by a qualified pest control operator using
Form NPCA-1, or other form acceptable to VA.
Any reported infestation or structural damage affecting the value of
the property must be corrected to VA's satisfaction prior to loan settlement.
You must acknowledge receipt of a copy of the inspection report in the
space provided on the form.
_____b.
Soil Treatment Guarantee (Proposed or
Under Construction). A
properly completed Form NPCA-99a is required.
If the soil is treated with a termiticide, a properly completed Form
NPCA-99b is also required. The
lender will provide you with a copy.
_____3.
LIEN-SUPPORTED ASSESSMENT.
This property is located in a development with mandatory membership in
a homeowners’ association. The
lender is responsible for ensuring that title meets VA requirements for such
property and that homeowner association assessments are subordinate to the
VA-guaranteed mortgage.
_____a.
Homeowner Association Fee.
Estimated fee of $[amount] per [period of time].
_____b.
Other.
__________________________________________
_____4.
CONDOMINIUM REQUIREMENTS.
The lender is responsible for ensuring that this condominium is
acceptable to VA and that any condominium-related special conditions or
requirements have been met. There
may be additional information in “Other Conditions/Requirements” below.
_____5.
WATER/SEWAGE SYSTEM ACCEPTABILITY.
Evidence from the local health authority or other source authorized by
VA that the individual _____ water
supply, _____sewage disposal
system(s) is/are acceptable.
_____6.
CONNECTION TO PUBLIC WATER/SEWER.
Evidence of connection to _____ public
water, _____ public sewer, if
available, and that all related costs have been paid in full.
_____7.
PRIVATE ROAD/COMMON-USE DRIVEWAY.
Evidence that use of the private road or common-use driveway is
protected by a recorded permanent easement or recorded right-of-way from the
property to a public road, and that a provision exists for its continued
maintenance.
Continued on next page
January 1, 2001 13-36
VA
Pamphlet 26-7, Revised
Chapter 13: Value
Notices