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Customary to the area

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Greg davenport

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Mar 30, 2004
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Certified Residential Appraiser
State
Arkansas
So just what does Customary to the area mean? How do you determine if something is Customary to the area?


Requiring reports and Treatment: Wood destroying insects and other organisms can cause serious problems in the wood structural components of a house and may go undetected for a long period of time. FHA requires inspection only if there is evidence of active infestation, if mandated by the state or local jurisdiction, if customary to the area, or at the lender's discretion. Please see: Mortgagee Letter 2005-48 for more information.
 

Doug Wegener

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Joined
Apr 14, 2005
Professional Status
Certified Residential Appraiser
State
Oregon
Well, in Southern California almost all real estate purchase contracts require a termite inspection and clearance. That makes it customary.
 

leelansford

Elite Member
Joined
Mar 29, 2002
Professional Status
Certified Residential Appraiser
State
Illinois
Well, in Southern California almost all real estate purchase contracts require a termite inspection and clearance. That makes it customary.

What Doug said.

I suspect that there must be one or more Realtor Boards in your area and that they likely have a standard sales contract form; you know the next step!
 

Hamlet

Elite Member
Joined
Aug 14, 2006
Professional Status
Certified Residential Appraiser
State
Ohio
I agree with Doug and Lee. Our sales contracts require a termite inspection and it is customary here as well.

If the majority are doing it, it would be customary.
 

Don Clark

Elite Member
Joined
Jan 17, 2002
Professional Status
Certified Residential Appraiser
State
Virginia
Where termites and other wood boring insects are prevalent, and termite inspections are typically required by a lender.
 

Mike Boyd

Elite Member
Joined
Jan 18, 2002
Professional Status
Retired Appraiser
State
California
Closing costs: In Southern California, it is CUSTOMARY for the seller to pay for title insurance. In Northern California, it is CUSTOMARY for the buyer to pay for the title insurance and all other closing costs. However, it is negotiable as is the pest inspection (unless required by the lender.) Please bear in mind that it has been 35 years since I sold any real estate in SOUTHERN California
 
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