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History of termites-Home Buying

Hi, We have recently seen a home that we are interested in priced at 339k
(3 bed-2bath) in Sharon,MA. Only thing is we are worried about is it had termites and the seller did had them treated with some 5 yrs warranty. Is the property valued less bcoz of the termites? Or will we have any problems when we will resell it in future. Is it fine to go ahead with our offer or not. If yes what do you think we should try to offer. Plz advice.
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September 17 2009 - Norwood
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Answers (6)

Hi,
First of all I want to make clear one thing - here in MA we have 2 type of houses -  #1 those that have Termites and #2 those that will get them.
So the good news is they were found and they under control, so you just need to make sure you keep it that way.
But always have home inspection contingency in your purchase agreement, so that way if you find out that there more damage that disclosed or they are not under control or any another problems - you are protected.
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February 10 2010
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damaged would ---> *damaged wood*
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September 17 2009
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Sunnyview was right, it all depends on the qualilty of the repair and correction work.  Unfortunately, many home inspectors pass it off to the termite company, and many termite companies will not step on the toes of others in their profession.  So you need to inspect it yourself.

As for the 5 year warranty, it is "useless".  No one checks within 5 years to see if the bugs are back.  No one is calling the company to come back within the 5 years without evidence of a problem.  No one wants to move all their clothes and food out of the house to have it tented again.

It is a "waste".

What you want to do is make sure all the correction work was done!  In many states, there already is an implied warranty, and the company is required to file with the state.  So if the work wasn't done completely nor correctly, you can have them come back at no additional cost, as long as you contact them promptly.

The major things you need to look for are:
1) Earth contact (with ANY wood).
2) untreated sill plates.
3) damaged wood.
4) mud trails up the side of concrete footings.
5) inadiquate drainage.
6) termite droppings.

The damaged would should have been cut off and replaced.  At the very minimum, it should have been considered as you would a cavity on a tooth; you drill out all the damage and fill it with something that will bond to the wood, provide structural integrity, and keep the bugs out.  And before you do that, you "treat" the wood so that any bugs that get in would die.

The biggest problem is that all inspections exclude areas that were "not accessible".  You need to make sure you make those areas accessible so that you can check.
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September 17 2009
Never buy a home with(OUT) a Wood Destroying Insect Report being done by a licensed competent pest inspector...

Thought I better clarify Mr. McCurdy's posting.

Always Always Always request a home inspection contingency as part of your purchase agreement AND get the home inspected by a qualified inspector. If there is evidence of serious issues (like termites, foundation issues, structural issues, roof problems, etc) ALSO bring in a specialist in those fields to ensure you aren't buying a money pit.

The money you spend up front will be pennies compared to the money you will spend fixing problems after you buy the home. This is especially true with foreclosed and short sale homes as they tend to have years of neglect.
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September 17 2009
Termites...A lot of people love having pine straw up around their home, looks good(not to me tho), and it is a perfect place for termites to thrive...

Termite contracts are a great thing to have. And I recommend if my Sellers don't have one get one...Because a good agent is going to submit a WDIR-100 with an offer and ASK for the Seller to have the home inspected, and a clean report is what they are looking for.

Now repairs are the option of the seller, but if they want to sell the home, then repair the damage.

Never buy a home with a Wood Destroying Insect Report being done by a licensed competent pest inspector...
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September 17 2009
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Once a house has termites, there is always a risk that the termites will return because of favorable/damp conditions or were not completely exterminated in the first go around. If the seller did good quality repairs, the structural issues that termite can cause should have been already dealt with. You need to make sure and get a through pest inspection from another company before you buy to look for signs of any active infestation. Also hire a contractor to crawl the house to check for structural repairs if the termite damage was extensive to make sure the work was done well. Termites are not uncommon, but you need to make sure that the conditions that first attracted the termites have been dealt with  and that the repairs are good quality. I do not think that old/past termite infestation would affect the value of your home unless the previous damage was extensive and the infestation was active when you went to sell.
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September 17 2009
 
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