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Why Termite Inspections Are an Essential Part of Real Estate Transactions

Last updated 1 year ago

No one wants to end up with buyer’s remorse, especially when a home is at stake. Before you finalize your closing paperwork, it’s important that the building you are buying is inspected for termites. Current or past termite infestation can affect property value, future expenses, and even safety. Your local pest control professional can help complete a Wood Destroying Insect Inspection Report to ensure that you are not making a poor investment before you sign. Below are a few reasons why this inspection is an essential part of any real estate transaction.

Property Value

A building with termite damage will continue to devalue over its life if not treated. Getting a termite inspection protects you from being swindled if the seller failed to disclose termite infestation or damage during your sale. Even if you never intend to sell the property in the future, you should want its value to increase over time instead of depreciate.

Future Costs

Repairing termite damage can be very costly, depending on the severity of the burrows and exit holes. A hidden termite problem will only exacerbate your expenses over time. Past termite infestations and damage can be a sign that wood boring insect problems may return, even if the building is clear at the time of sale. Also, termite damage will be a factor when you are considering loans and financing down the road.

Safety

Most importantly, termite damage can make the infrastructure of your home unsafe. This can lead to liability for property damage and injury if you intend to rent. While a total building collapse is an extreme example, it is still a possibility. You are more likely find unsightly burrows and visible damage to movable parts like stairs and windows that could cause injury if withered.

Payne Pest Management has specialized in termite control and fumigation for over three decades. Call us at (877) 365-5629 to arrange a termite inspection for a property in Orange County, or anywhere else in Southern California. We also provide pest control solutions for rats, mice, roaches, bed bugs, bees, and wasps.

 

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