Seller Not To Provide Termite Clearance

Termites are the seller s problem or does the buyer pay for termite repairs. Putting a number on it i d say 95 of home sales used to have termite clearances. So it s still pretty common.

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By law homeowners need a letter from a certified pest control company declaring the house termite free.

Seller not to provide termite clearance. Many times both seller and buyer can use the termite inspection in order to help close the sale on the home. And now it s more like 70 75. Once the inspection has been completed you can move forward with the selling process. Years ago the seller in almost all cases was required to provide a termite report and clearance if there was a new loan being created in the purchase of the property as opposed to an all cash offer.

If the contract is not marked and the buyer does not sign the wood destroying pest inspection and allocation of cost addendum the termite report and or clearance will not be required. The reason for this was that the new lender wanted to make sure the home was free of termites thereby protecting their interest in the property. A seller opting not to make any termite repairs can actually cause issues for a buyer seeking a bank loan. The portion of the standard appraisal format where termite issues are addressed are contained in either the comment section at bottom of page 1 or at the bottom of page 2 which continues on to the top of page 3.

California law does not oblige a home seller to provide a termite inspection report to potential buyers before the sale of a property yet an estimated one in five homes in this high activity area. An as is sale occurs when the seller is not willing to make any repairs or spend money on any treatments. Btw there really isn t such a thing as a plumbing or electrical clearance. For instance if the buyer is eager to close on the home they could offer to pay for various repairs caused by termite damage including spray treatments and wood replacement.

Seller agent said they have termite clearance and they are not going to do anything. However if termites are present keep that pest control company around to talk about a solution. Since the home will become part of the bank s collateral the bank doesn t want termites damaging it. But then my inspector showed the obvious evidence which convinced the listing agent it has to be fixed.

So they did away with the form and termite clearances went from being a given to a negotiable item like any repair. The termite inspection form that the termite inspector fills out has two sections on the form. Out here in california the standard contract provides that the seller is to pay for a termite technically wood destroying pest inspection. Using the termite and wdo inspection during negotiations.

So they are talking to the company that provided the clearance to fix they have 1 year warranty.