Nothing about shopping for and purchasing a new home is uncomplicated or stress-free. From start to finish, the entire process can leave you feeling overwhelmed. It can be easy to overlook minor details. But your termite inspection is a very, very major detail! In fact, it’s one of the most important aspects of buying a home, for the following reasons.
Termite damage can be invisible to the untrained eye. Termites don’t exactly hang a sign out front, notifying you that they’ve taken over a residence. The damage they can do often occurs inside the home, in hidden areas, and it can be extensive. The last thing you want is to purchase your dream home and then later discover that it needs repairs due to newly discovered termite damage.
Termite damage can be expensive. Repairs due to termite damage can range in the tens of thousands of dollars and upward. A termite specialist will spend an hour or more, combing the house from top to bottom, looking for signs of a termite infestation or damage. These professionals are trained to spot the signs of a problem through structural issues and even smell. This inspection can offer you peace of mind and protect your investment.
Sellers must pay for termite eradication. If a termite problem is discovered but you want to proceed with the purchase of the home, the seller will be responsible for addressing the problem. You can even negotiate with them regarding necessary repairs, helping you to obtain your dream home without nightmare expenses later! Plus, after a termite infestation has been treated, the home can be bonded to protect the property in the future.
A termite inspection is required in order to obtain many types of funding. And, of course, many types of mortgage programs simply require a termite inspection. This is done to protect their own investment. If you’re seeking an FHA or VA loan, for example, your lender will notify you and your realtor of this requirement.
If you’re considering a home purchase, don’t overlook this important step. Call us to schedule your termite inspection, and we can help you protect your future home and financial investment.