Treasure Coast Real Estate Blog

Your local news and information source for homes and investment real estate along South Florida's Treasure Coast

Tuesday, May 19, 2015

What Every Homebuyer Should Know about Termites

(BPT) - It's a cruel coincidence that spring homebuying season corresponds with another far less pleasant one - termite swarming season. When eager homebuyers emerge from winter hibernation to look for their dream homes, termites emerge, too, say the experts at the National Pest Management Association (NPMA).

If you'll be buying or selling a home this spring, the NPMA offers some valuable termite information:
  • The average homebuyer and homeowner might have difficulty spotting the evidence of a termite infestation. Termites chew through wood, flooring and other materials behind-the-scenes, so it can take years before the signs of an infestation are visible to the untrained eye. An inspection by a licensed pest professional is the best way to detect an infestation of wood-destroying organisms (WDOs) - especially if you live in a termite-prone area of the country.
  • A WDO inspection is different from a simple structural inspection. Buyers should be sure to have their prospective home inspected by a licensed pest professional. The inspection will last about an hour, and the specialist will probe the home from top to bottom to look for telltale signs of termite damage. After the inspection is over, the specialist will report to the buyers what he or she has found, and an estimate of how much it might cost to remediate any termite damage he or she has discovered.
  • Different states have varying laws about termite inspections. Some may require one before a home can be sold, while others do not. Check with your REALTOR® about the laws in your state, and keep in mind that many lenders will require a pest inspection be done in addition to a structural inspection - especially if the home you are buying is in a termite-prone area.
  • Termite detection, remediation and control are not do-it-yourself tasks. If an inspector finds signs of a termite infestation and damage, you'll need professionals to remedy the problem. Buyers who discover problems before the sale is final will be better able to negotiate with the seller to take care of the problem. In some states, the law may not allow the sale to be finalized until the damage is addressed, and lenders may refuse to finalize a mortgage for a home with unresolved termite issues.
  • If the termite inspection shows your new home is pest-free, congratulations! After the sale is finalized, be sure to take steps to protect your home from termites going forward, including having the home inspected for termites at least once every three years, and every year if you live in an area prone to termite infestations.

This post has been authored by Eric Slifkin, REALTOR® serving South Florida’s Treasure Coast. You can reach me at 888-288-1765, or visit my Web site. As your resource for information on new or resale homes throughout the Treasure Coast, please be sure to contact me about any home you may find on the Web, yard sign or ad and I will research the property, arrange showings and handle all the details.
Reprinted with permission from RISMedia. ©2015. All rights reserved.

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