Posted by JPiper on January 16, 2000 at 07:46:27:
The buyers lender doesn’t have an inspector. The buyers lender has an appraiser. An appraiser is not qualified typically to make judgments about repairs. Depending on the type of loan, the appraiser may be more aggressive about looking for problems…FHA/VA are known to some extent for this.
The question that comes to my mind is 1)Why you already had a termite inspection and treated and 2) why you are now repairing various termite damage. I don’t typically do these types of things until the buyer has had an inspection, and we have agreed on what is to be done.
My guess is that the entire rafter does not have to be replaced structurally…that a new piece of wood can be placed adjacent to the damaged wood and secured. I have seen this done frequently with fire damage and termite damage.
Will new wood be a red flag to check? Of course, but probably not by the lenders appraiser. But absolutely by the buyer’s inspector.