Important: Before Escrow, Termite Repairs and Inspections

Termite Inspection is essential for anyone looking to buy or sell a house.

WHAT IS A TERMITE INSIGHT?

A Professional will perform a Termite Inspection, a visual inspection of the property for evidence of wood-destroying insects (WDO). The inspector will inspect the entire home, including crawlspaces and basements. The inspector will issue a Termite report detailing any evidence or damage to the structure. You will then know what to do to get rid of termites.

HOME BUYERS

A termite inspection is required if you are the buyer. This will provide information about any damage caused by wood-destroying organisms to your home. You can proceed to know that the house has no wood damage. You can request repairs if damage has been found before you buy the house.

THE SELLER

As the seller, you must ensure that your property is free from termites and other wood damage. To save time, you can have a wood destroying organism inspection before selling the property. A buyer can be influenced by knowing if there has been damage. Buyers may hesitate to buy a home if there is significant damage. A home that has suffered extensive termite or wood damage is unlikely to be purchased by a buyer.

BANKS AND LOANS

Although it is not required by law in California, you will need to have a termite inspection performed by a professional before the property is sold or bought. However, some lenders and insurance providers may require this. A full termite inspection is required for most VA Loans. The banks require Termite Clearance on the home. Many mortgage lenders require a termite inspection before they will approve financing.

Conclusion

It is highly recommended that you have a termite inspection done before buying a home. This will help avoid any future high-cost repairs if there is an infestation.

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