Profile picture for spiritled3

Termites - Is this a bigger issue than we think?

We just had the termite inspection done on a home we're considering buying, its as-is  bank owned, so we are responsible for repairs. We got an estimate for $800 in termite damage repair. Should we be worried there are still existing termites in the home and the inspector did a thorough job? Can we ask to open up the wall in the room where the damage was found, in the base molding? I'm worried our realtor is downplaying the issue to close the deal. Any advice is welcome, we've never dealt with termites before! Supposedly they are "common" here and there are no gutters, so lots of moisture around the house. 
  • February 16 2011 - Virginia Beach
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Answers (3)

Profile picture for wetdawgs
If there is active termite infestation, you may also be saddled with the bill for treating the property.   When we did it a few years ago, it was over $2000 to "tent" the house (a small, single level house)
  • February 16 2011
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If the $800 in repairs includes an insurance policy for any additional discovered damage, sounds fair, but without that, and not being able to cut out the drywall etc and see for yourself, sounds like an awful lot of liability to take on yourselves....Jim, HSOA.
  • February 16 2011
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There is a chance that their could be more damage that the inspector can't see.  The bank, most likely, won't allow you to remove drywall etc. to inspect further but you can ask.  Get a second inspection, additional repair costs; then you as a buyer need to decide if this is the right house & the right price for you.

You can also ask the neighbors if they've had any termite repair to their homes.

Good Luck!

  • February 16 2011
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