Do I have to pay for a termite inspection when buying?
When a buyer places an offer on a home they are considering purchasing they can ask that the seller provide termite inspection and pay for repairs found in that inspection.
Who pays for termite remediation when selling a house?
As the seller, you should expect to pay for the termite inspection cost and Section 1 termite treatment. If you negotiate an offer that states you are not responsible for paying for Section 1 remediation, make sure the buyer tracks whether or not the bank requires a termite certificate.
Who pays for pest control when buying a house?
These issues will need to be remedied immediately before the buyer moves into the home as the damage is considered a potential safety hazard for the new homeowners. Typically, the seller is on the hook for covering the costs of any pest solutions or treatments needed.
Can you sell a house with termites?
While you never want to hear that you have a termite infestation, it's important to know before you attempt to sell your home so you don't run into issues with the buyer down the line. Learn everything you need to know about termite inspections — how to read the report and how much it will cost you.
Are termites a deal breaker when buying a house?
So, when is it a deal-breaker? In most cases, termite damage shouldn't be a deal-breaker, unless you find that: — There is an active and unresolved termite infestation. — There is extensive and unresolved structural damage to the home caused by termites.
Who pays for termite treatment California?
As the seller, you should expect to pay for the termite inspection cost and Section 1 termite treatment. If you negotiate an offer that states you are not responsible for paying for Section 1 remediation, make sure the buyer tracks whether or not the lender requires a termite certificate.
Is it worth getting a termite bond?
A termite bond delivers peace of mind. If you have a termite infestation, you may worry that termites will return, even after successful control services. But a bond guarantees that the pest control company will keep an eye on your home and make sure that a new infestation doesn't creep up on you.
Is termite damage common in older homes?
Older homes are more likely to have active termite infestations or preexisting termite damage due to compromised foundations or drywall.
How do you negotiate termite damage?
Negotiate with the seller. The owner may be willing to make the necessary fixes or give you credit. Ideally, you will want to start the deal with a home inspection contingency to allow you to walk away if major issues surface.
Do lenders require termite inspections California?
It is important to note that in California, the buyer is not responsible for paying for termite inspection and treatment if the property is being financed with a mortgage. The lender will require that the home be inspected for termites before approving the loan.
What are signs of termite damage?
Keep an eye out for the following signs of termite activity:Discolored or drooping drywall.Peeling paint that resembles water damage.Wood that sounds hollow when tapped.Small, pinpoint holes in drywall.Buckling wooden or laminate floor boards.Tiles loosening from the added moisture termites can introduce to your floor.More items...
Should you treat for termites if you don't have them?
The reality is that home termite control is absolutely essential. Termites can quickly cause a devastating amount of damage to your home, resulting in costly repairs. Taking the necessary steps for termite inspection, control, treatment, and prevention can save you thousands of dollars in the long run.
Are termites common in homes?
Are termites common? Unfortunately, yes. These opportunistic termites are all over the United States, in every state except Alaska. Across the nations, they do about $5 billion worth of damage to homes and other buildings each year.
How long does it take termites to destroy a house?
It takes about three years of chewing for noticeable damage to occur. The cost across the US is around $2 Billion per year to address damage caused by termites.
Do termites come back after treatment?
Will termites come back after treatment? Termites may return after treatments. Luckily, companies like Orkin and Terminix promise to re-treat at no extra cost if you have a termite plan with them.
How do you tell if a house has been treated for termites?
0:281:52How Do You Know if a House Has Been Treated for Termites - YouTubeYouTubeStart of suggested clipEnd of suggested clipGot every 13 inches or so see right there this is drill patch. See it's kind of dirty but there'sMoreGot every 13 inches or so see right there this is drill patch. See it's kind of dirty but there's one right there. And right there. And there see the little dark invitation it's been treated.
Why do termite inspectors need a license?
Termite inspectors are issued a specific license due to their use of controlled chemicals which allows them the ability to treat the home if termites are present. To clarify the differences in the two inspections, we need to identify what each inspector does and some of the terminology used.
What is section 1 termite inspection?
Termite inspection reports describe items as either “Section 1” or “Section 2”. Section 1 items typically fall into the closing costs for the seller, meaning sellers pay for these treatments.
What does a termite inspector look for?
Termite inspectors look at various wood destroying organisms in the home including termites and fungi. Termite inspectors will inspect from the ground to the first floor. If accessible, termite inspectors will enter attics to examine the roof structure. Some home inspectors possess both licenses, but most do not.
How much does a pest inspection cost?
A pest company might vary pricing depending on whether the foundation is raised or slab and on the number of stories or square footage. Prices vary from around $50 to $200.
What does a pest control company do?
Based on the findings of the inspection, the pest control company will recommend treatments or provide options for prevention and protection. They provide treatment options for both subterranean and drywood termites, as well as protection plans that covers the cost of damage and repairs as long as your plan is active.
What is Section 1 in closing costs?
Section 1 items typically fall into the closing costs for the seller, meaning sellers pay for these treatments. This includes the cost of remediation, like tenting or spraying to eliminate an active termite infestation. It also means paying for things like repair of dry rot or wood that has been chewed by termites.
What is a home inspection?
Home Inspection – is a home inspector examines a home’s structure, its systems, and components for defects. This includes aspects of the construction, electrical, plumbing, heating/cooling systems, roof, interior, and exterior components. The home inspector will inspect nearly every aspect of a home and is much more detailed than ...
How much does a termite inspection cost in California?
In California and in almost all other states, sellers pay termite inspection costs. The cost is typically inexpensive, ranging from $50 to $150. Some termite companies even offer a free inspection in the hopes that they'll earn your business and can handle any necessary (and more expensive) treatment.
What is section 1 in a termite inspection?
Section 1. Termite inspection reports describe items as either "Section 1" or "Section 2". Section 1 items typically fall into the closing costs for the seller, meaning sellers pay for these treatments. This includes the cost of remediation, like tenting or spraying to eliminate an active termite infestation.
Do banks require termite certificates?
Because of this, it's very common for a bank to ask for a termite certificate prior to funding a loan. As with most things, this point is negotiable so buyers should be prepared to ask for a contingency stating the seller pays for a termite inspection, treatment, or both - even on an as-is sale.
Do you have to pay for termite inspection?
As the seller, you should expect to pay for the termite inspection cost and Section 1 termite treatment. If you negotiate an offer that states you are not responsible for paying for Section 1 remediation, make sure the buyer tracks whether or not the bank requires a termite certificate.
What is a termite inspection report?
The Termite Inspection Report. During the termite inspection, the inspector will be looking for more than just termites. The inspector will be on the lookout for other pests, dry rot, leaks, and fungus that could cause structural damage to your foundation. Incidentally, most of the time the inspector isn't actually looking for ...
What does section 1 mean for a termite inspection?
Under Section 1, the inspector will identify any damage caused by termites and WDOs as well as if they spot an actual infestation. These issues will need to be remedied immediately before the buyer moves into the home as the damage is considered a potential safety hazard for the new homeowners.
What is section 2 of a termite report?
Section 2. Section 2 of your termite report will focus on potential future problems with termite or WDO damage. For example, the inspector may note that an area could be a hotspot for pests and prone to creating an environment where termites would flourish and cause damage.
How much does an inspection cost?
If the inspector does charge, typically the inspection cost will range from $50 to $150 making it an inexpensive upfront cost that could end up saving you thousands in the future — the negligible fee and potential benefits make getting an inspection an easy choice for most sellers.
Do you have to know about termites before selling your house?
While you never want to hear that you have a termite infestation, it's important to know before you attempt to sell your home so you don't run into issues with the buyer down the line. Learn everything you need to know about termite inspections — how to read the report and how much it will cost you.
Can you spray a house for active pests?
Treatments for active pest problems can either be small fixes, like spraying an isolated area, or they can be more involved, for instance, you may need to tent and spray the entire home. Additionally, the seller will pay for any repairs needed to fix dry rot or replace wood damaged by termites.
Do you need a termite inspection in California?
And while a termite inspection is not legally required in California, many lenders obligate buyers to have one before they hand over financing.
Inspector found termite damage, what should the seller pay for?
We recently went under agreement on a 1700sq ft. colonial in Massachusetts. Our home inspector found some evidence of termite damage during his inspection and recommended a pest inspector. The pest inspector looked at the place today and found portions of the sill need to be replaced as well some wood laying on the slab in the garage.
Comments (9)
I would rather have the reduced price and have the work done myself just to make sure it is done the way I want it done.
