It can be called a natural disaster due to the fear it causes to homeowners. In severe cases, termite infestation may destroy a home. Even a minor attack by the wood-eating insects can cause significant inconveniences and costly pest control treatments and work. A termite infestation damages can cost thousands of dollars. They might return.
Then why would you even consider buying a home with termite damage? Some people won’t. Some people will not. Others will continue to look at the options and maybe negotiate a considerable discount. It’s not a bad idea. Termites can be treated in most cases. If the bugs or their damage are discovered, the seller will pay for the extermination and repair. Preventive measures can help reduce the chance of termites returning.
Regardless of whether repairs or prevention are made, this is a buyer-beware scenario. Termites can cause structural damage that may not become apparent until after the sale. They can resurface, so you may have to deal with them for a long time. You might have to do it for as long as your house is in existence.
It is wise to do more than the standard due diligence when considering buying a home with termites. Choose an inspector who is experienced in termites. Your average home inspector will miss signs and damage that are less obvious. Check that the contract clearly states that repairs and treatment are the seller’s responsibility and reliability. If possible, have the termite exterminator come back for a post-repair inspection to ensure that the job was done correctly.
This is smart you need to do before you sign the contract. Once everything is signed, do all you can to prevent another infestation. This includes fixing leaks, fixing roofs that collect water, and conducting regular inspections to ensure you catch any problems early. Although buying this house will require extra maintenance, it can help you save a lot of money, time, and effort in the long term. You can also protect your investment by doing this. If the roof falls, you won’t be able to sell that house.
