Buy House With Termite History

Though you may balk at the cost of treating termites it will be worth it when your house goes to market. They say it will be quick and cheap to get rid of them. In real estate trading if a deal seems unbelievably good then it probably isn t to be believed.

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How to buy a home with termites and what to consider 1.

Buy house with termite history. Are whispered out somewhere in the walk through in the interest of full disclosure but you really hope they didn t hear you. Ask whether the seller has a termite report or warranty for previously undertaken work. Newer foundations may be built with termite resistant wood or may be treated to prevent infestation. If it was properly treated and the damage has been repaired than you really shouldn t let this fact to be a deal breaker.

Call a professional termite treatment company to conduct a full inspection of your home including the attic and other areas not readily accessible to you. Kistner a realtor with pmz real estate in lodi california bought a home that had termite damage the seller disclosed before kistner made an offer. Buyers can also ask for infestation history of the home. The last thing they want is interested buyers who would walk away because of past termite problem.

This is a huge investment for anybody and you can and should try to handle it in such a way that everybody knows what the full history of the house is and why it is a sound investment. Termite warranties may also transfer with the house providing buyers peace of mind. Posted on march 5 2016 by don. Most people would hesitate to buy a house with termite infestation history.

The thing is if you are buying a house in the area where the termites are common problem then you have big chances that the estate you wish to buy was infested at least once before. A house with an unknown level of termite damage poses and unknown financial risk. Should i buy a house that has termites. When considering the purchase of a home with a termite issue past or present the smart approach is to go beyond the usual due diligence.

Ascertain whether your mortgage company requires a termite inspection. Some states require sellers to disclose history of termite infestation and damage. If your home has termite problems have them treated prior to listing the house. The seller agreed to tent the home for termite.

As such it s quite understandable that lot of homeowners are hesitant to disclose to prospect buyers that their homes have suffered from termite damage. Trey mccallie principal broker at urban toolbox real estate in lexington ky suggests that a buyer can purchase a home with termite damage as long as it s not in the floor joists or any of the. When it s time for the inspection choose an inspector with termite expertise because your typical home inspector is more likely to miss the less obvious signs of termites and their damage. The federal housing administration fha.

Termites back in 06. Make sure the contract specifies that treatment and repairs are the sellers responsibility and check that the people they choose to do the work are reputable.