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Most home purchase agreements have clauses that deal with termites. After the agreement is ratified, a termite inspection is arranged. Before the closing can occur, the sellers must be able to produce papers signed by a licensed exterminator stating that the house is free of infestation and that any termite damage has been repaired.
Before you sign an agreement to buy or sell a home, you should read the termite clause and be sure that you understand it. Who selects the exterminator and pays for the inspection? If bugs are found, who pays for the treatment? Are the sellers obligated to repair any damage and have they placed a limit of the dollar amount they will spend on those repairs? If treatment is required, the buyers may want a chance to discuss the options with the pest control company, especially if someone in the family is sensitive to the chemicals used to control the termites. Ask about the exterminator's guarantees or service contract options.
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What site discovered in 1965 is considered the world's oldest known habitation?
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The Terra Amata site in Nice, France has the remains of 21 huts belonging to the Acheulian culture from 400,000 years ago. |
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Sandi Phillips HK Lane Real Esate 72895 Fred Waring Drive Palm Desert, CA 9260 Direct: 760-567-5506 Fax: 760-262-3053 Sandi@SandiPhillips.com
Whether you are new to the market, thinking of moving up, or you are an experienced investor, Sandi has the expertise, proven track record, and resources to help you buy or sell your next home
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