Real Estate Transactions And Termites

When you’re in the market for buying a new home or you’re putting yours up for sale, mortgage, or other similar transactions, you have to take into consideration all the important details. One of these is making sure that the subject property is termite-free. It’s pretty surprising how a lot of people actually forget how crucial this is when a house or any other structure is being considered in a transaction. So if you’re one of those who is considering the purchase of a new home, termite damage should be one of your foremost considerations. You should talk things out with your real estate agent concerning this matter and hire a termite specialist to thoroughly inspect the prospective property to be bought. Usually, these termite inspectors will provide you with a detailed report of the current condition of the property, particularly as to whether or not it has been treated before for termite infestation or if it is currently under siege by these semi-invisible terminators.

Pre-Purchase Termite Inspections

Prior to signing any contract to buy and sell a house or other similar structure, you should be prudent enough to have a pre-purchase termite inspection conducted first. Hiring a licensed termite inspector will at the very least give you the assurance that you are going to be purchasing a property that has not been seriously damaged by termite infestation and won’t literally collapse on you after just a few years from moving in. If you’re transacting through a real estate agent, try to look up those who provide for these kinds of contingencies in their contract. A sharp real estate agent would know that termite damage in a piece of real property is even more serious than damages dealt by natural calamities like typhoons, earthquakes, and tornadoes.

Termite Bonds And Their Purpose

As a homeowner, you should give some considerable thought in taking out termite bonds. What are these for? Termite bonds are actually a form of contract between the homeowner and the termite company, obligating professional termite inspectors to conduct regular, pre-arranged visits and inspections on the structure. In addition, there are companies that provide immediate termite treatment and extermination as part of the bond without any extra charges or fees on the part of the homeowner. Moreover, most of these termite companies also have standing business arrangements with real estate companies so that the homeowner can efficiently secure all the necessary professional services all in one go. Try to search for real estate companies or agents who offer termite inspection services and bonds as part of their professional services. Not only will this save you a bundle but most importantly, you get to make a real property investment that’s worth every dollar you shell out for.