Buying A Home With Termite History

A house that has been attacked by termites has lost some value.

Buying a home with termite history. You should have it professionally inspected by our team first. Considering buying a home with a past history of termites. 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. Purchasing a termite inspection is an important way to understand whether the home has evidence of current or past infestation and damage.

Buying a home is a major investment. It the attack has been severe or ongoing then the value of the house is way down. When you re buying a house in the area known by common termite problem even if you have no reason to suspect an infestation make sure that the home inspector you hire has an experience with termite induced damage. Before the deal is finalized most prospective buyers want to understand the condition of the home.

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. 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. The last thing they want is interested buyers who would walk away because of past termite problem. The seller agreed to tent the home for termite.

Read on to learn more about this issue and how you can preserve your home s value. 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. Most people would hesitate to buy a house with termite infestation history. Take care of business.

Ask whether the seller has a termite report or warranty for previously undertaken work. Ascertain whether your mortgage company requires a termite inspection. Termite infestation is one of the biggest red flags for buyers but you can take steps to counteract any potential fallout. Or even better order a special inspection by the licensed reputable pest operation specialist.

How to buy a home with termites and what to consider 1. 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. If a termite problem has been handled it means that the pests have not only been eradicated but the home has been fixed to avoid future infestations. In real estate trading if a deal seems unbelievably good then it probably isn t to be believed.

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. The inspection reports conditions on the day of the inspection and reports conditions which were visible during the inspection.