How Termites Can Devalue Your Home, And What You Can Do About It!

July 20, 2008 by admin  
Filed under Real Estate Market |

Termite damage can have even more of a negative effect on a home’s value than high crime rates, low quality schools and having a freeway close by. Even if the damage is incredibly small, if evidence of termite damage is found be a home inspector then price of the property is significantly decreased and the home will most likely not be sold until the termite issue is resolved.

If you are currently dealing with a termite problem of your own or you are concerned about the possibility of termites affecting the sale of your home, the continue reading to find answers to some FAQs about the wood-consuming machines and real estate.

Who is responsible for paying for termite treatment?

Most commonly, the seller is responsible to pay for the treatment of a termite problem. However, even though extermination costs tend to be small when compared with the destruction they can cause ($1000 to $2000 in most cases), it is possible that the basic structure could be compromised if the damage is extensive (which can make the extermination costs pale in comparison).

How do I know if my home has been affected?

Although some damage will be immediately detectable to a trained inspector, there will still need to be more intensive and extensive inspection done. Depending on the origin of the damage, excavation may be needed to solve the problem. Inspectors usually check the underground and exterior areas for signs of termite problems.

How much does repair cost if the structure has been compromised?

This depends on the overall extent of the damage done, however structural repairs have been known to cost anywhere from a few thousand dollars all the way up to the entire value of the home! If a home is determined to be structurally unsound as a result of termite damage, it must be demolished and reconstructed.

How do I go about getting a complete termite inspection?

To discover the existence or extent of termite damage in a home, you will have to have fully invasive testing done. Walls will need to be taken apart, floors will have to be torn out, and they will have to expose the core of your house for investigation. This can be a very costly process which will only be made worse if termite damage is found.

Is there anything that I can do to protect against a termite infestation?

Today, when new homes are constructed, a pest control specialist comes to the construction site and applies a pesticide (or termiticide) on the plot of land prior to the foundation being poured.

For homes that are already built, homeowners can protect themselves against infestations by minimizing the contact between ground and wooden supports (like a deck, for example), by improving drainage, by taking out wood from any crawl spaces, and by ensuring that there is sufficient ventilation to crawl spaces.

Will a regular home inspector check for termites and termite damage?

No, usually home inspectors will not include perform a thorough termite inspection. However, many regular inspectors do have certification to charge for a quick, visual termite inspection. It is important not to try and cut costs by saying no to this basic inspection. It is well worth the additional costs for the peace of mind that your home is structurally safe.

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