What is a clear CL-100?
During a sale of structural property in South Carolina involving a lending institution, a CL-100 is a mandatory report at the time of closing. As a buyer or seller, you will need a “CL-100 clear ” to declare the home structurally sound in order to continue the purchase or sale of property.
Is CL-100 required in South Carolina?
A CL-100 Inspection is required by your lender to close on any home in South Carolina, so it’s important to get familiar with the term if you’re embarking on the home buying process.
Is a termite bond required in South Carolina?
If the property owner doesn’t keep up with the bond, it will expire and the property will be vulnerable to another infestation. The bottom line is that termites are a matter of life in the South, but they don’t need to be in your house if you take the proper steps to keep them out.
Are termite bonds required in South Carolina?
Can a veteran pay for termite repairs on a VA loan?
While paying for the inspection is off the table in most states, VA buyers everywhere may be able to pay for termite treatment. Some lenders, including Veterans United, allow buyers to cover repairs in some cases, even with issues noted on the Notice of Value.
How long is a VA termite inspection good for?
for 90 days
For the purposes of closing the loan, the VA considers the Wood Destroying Insect Inspection and the PC-9 Form to be valid for 90 days. This 90 validity period only applies to closing a loan for VA Lending Purposes; it does not extend the warranty that the property is free from wood destroying insects to 90 days.
How long is a termite letter good for in SC?
30 days
Preparation is Key Also, this is recommended since the termite report is only good for a maximum of 30 days in the state of South Carolina.
Are termite letters required in SC?
A termite letter is a report that a pest control company will create after doing an inspection of a house. South Carolina requires a wood infestation report called the CL-100. If you are the buyer, your bank may require you to have a termite letter before you close on your house.