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Answers (9)
- sunnyview
- Contributions:25127
No general appraisals any state I have ever lived in included a termite inspection. The house inspector and the termite inspector were also separate. I am curious are they commonly done together in your state MarKus?
- MarKus McClellan, "MarKusGroup"
- Contributions:106
Some general appraisals include termite inspections, some do not. I would check with the company you had the original inspection. If they were supposed to and didn't, that could be an issue.
- sam niners
- Contributions:1
Home inspectors and appraisers do not identify termites.
You need to have a certified termite inspection by a termite
company. They usually charge anywhere from $50-$150 for
the reports. Most companies waive this fee if you decide
to do any work with them. Make sure to get at least two estimates
but decide on one and use ONLY that report and company to
do the work.
I've seen realtors using two reports and the termite companies will
not "certify" another company's findings and treatments, and this
usually causes delays and problems. For termite control in los angeles I would recommend [hotlink deleted by Zillow moderator] But do your own research.
Pricing for termite treatments can vary significantly depending who
quotes the work.
You need to have a certified termite inspection by a termite
company. They usually charge anywhere from $50-$150 for
the reports. Most companies waive this fee if you decide
to do any work with them. Make sure to get at least two estimates
but decide on one and use ONLY that report and company to
do the work.
I've seen realtors using two reports and the termite companies will
not "certify" another company's findings and treatments, and this
usually causes delays and problems. For termite control in los angeles I would recommend [hotlink deleted by Zillow moderator] But do your own research.
Pricing for termite treatments can vary significantly depending who
quotes the work.
padadena:
tenting isn't normally used for the type of termites we have here in the desert. Treatment is usually made by drilling holes in the slab and putting some termite bait/poison or something down the holes. treatment is generally not too expensive, and warranties for future termites are reasonable.
In AZ, we generally say there are two types of homes:
Those that have termites, and those that will get termites!
tenting isn't normally used for the type of termites we have here in the desert. Treatment is usually made by drilling holes in the slab and putting some termite bait/poison or something down the holes. treatment is generally not too expensive, and warranties for future termites are reasonable.
In AZ, we generally say there are two types of homes:
Those that have termites, and those that will get termites!
- Jeff Konstant, "jkonstant"
- Contributions:1970
Lenders require a property condition report to make the loan. This will include an appraisal, which is nothing more than a value check. It might also include a home inspection and more detailed inspections within the scope of home inspection depending on what was discovered and reported. They might also require wood destroying organism inspections, radon, mold, asbestos, lead, septic, well and a survey.
As stated above, appraisers do not do termite inspections. Your first appraisal (before May 1) is about two months old and the second appraisal is about two weeks old and getting older. Appraisals are only good for a short period of time and often not done more than 14 days prior to settlement. You're going on two months now and should look at why with your broker.
As stated above, appraisers do not do termite inspections. Your first appraisal (before May 1) is about two months old and the second appraisal is about two weeks old and getting older. Appraisals are only good for a short period of time and often not done more than 14 days prior to settlement. You're going on two months now and should look at why with your broker.
- Mark2009
- Contributions:18
This is a short sale by owner.I made an offer three months ago and the bank agreed. but before our paper work was done, the official bank agreement was expired. now the listing agent is trying to get the bank's extension and we have been waiting for two months. My realtor told me that the saler have to take care of the termite problem, but I do not know how, that is why I was trying to ask the appraiser to take a look at it. The deal is 500 with 40% down.
- real estate mike
- Contributions:2001
You started out saying you have a termite report indicating termite problems. The next step should have been to ask (tell) the seller to have the problem fixed(treated) and documented. This all during your 10 day (approximate) grace period. I fhe seller refused to fix the situation then you move on to the next property. Where is your buyers agent?
- Pasadenan
- Contributions:21453
And even if an home inspector finds them, the exclude that from the scope of their work. So do the appraisers. And actually, even the termite inspectors have all kinds of exclussions, especially for areas they considered "inaccessible" when they reviewed the site.
If the repairs are minor, it usually doesn't affect the appraised value substantually. Besides, in California, the seller is responsible for the termite inspection and correction, thus the appraised value is assumed to be "after required corrections".
If termites were found, there likely are more in the areas that were considered "inaccessible", thus I would ask for those areas to be made accessible so that the termite company can be held responsible for all the corrections needed. I would also inspect it myself after the corrections are supposedly "completed", as I had to call the termite company back 13 times before the work was even close to being done, and even then, there were at least 3 areas that I missed that were accessible and should have been very obvious.
Besides, $550 doesn't even cover the cost of tenting, let alone any wood replacement..., so it doesn't affect the appraised value. Someone is giving you the run-around. You don't need 3 appraisals to get one loan, unless of course you offered too much money and the lender doesn't think there is enough collateral to cover their risk.
If the repairs are minor, it usually doesn't affect the appraised value substantually. Besides, in California, the seller is responsible for the termite inspection and correction, thus the appraised value is assumed to be "after required corrections".
If termites were found, there likely are more in the areas that were considered "inaccessible", thus I would ask for those areas to be made accessible so that the termite company can be held responsible for all the corrections needed. I would also inspect it myself after the corrections are supposedly "completed", as I had to call the termite company back 13 times before the work was even close to being done, and even then, there were at least 3 areas that I missed that were accessible and should have been very obvious.
Besides, $550 doesn't even cover the cost of tenting, let alone any wood replacement..., so it doesn't affect the appraised value. Someone is giving you the run-around. You don't need 3 appraisals to get one loan, unless of course you offered too much money and the lender doesn't think there is enough collateral to cover their risk.
appraisers don't look for termites, that is not their job.
A home inspector MAY notice them, but to find termites, you hire a termite inspector...
A home inspector MAY notice them, but to find termites, you hire a termite inspector...
Drywood termite - can't be detected by appraisals and normal house inspections
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