1.    The National Pest Management Association (NPMA) has released a new two-page form for existing residential real estate transactions.  This form replaces the previous NPCA-1 Form.  Any inspections performed after January 1, 2005, must be completed using this form to satisfy VA requirements.

    2.    Notice of Value Item #2A for Wood Destroying Insect Inspection will be revised in The Appraisal System (TAS) to show the new requirement for NPMA-33.  Until the changes in TAS are made, reference to this requirement on a VA Notice of Value dated after January 1, 2005, should be considered to mean the NPMA-33 form.

    3.    In States which require the use of a State inspection form in all transactions, the State form is acceptable for VA loan guaranty purposes.

    4.    The NPMA-33 form is available from the National Pest Management Assocation at 8100 Oak Street, Dunn Loring, VA 22027 or phone 703/573-8330, other pest control report forms and software suppliers, or online from the HUD website at:  http://www.hudclips.org/sub_nonhud/html/pdfforms/npma-33.pdf.