Buying or Selling A Home?
Home buyers need to know if termites or other wood destroying insects are present before investing their money. Lending institutions (banks, savings and loans, FHA and VA) often require houses to be inspected for wood destroying insects prior to financing or refinancing a home. Therefore it is wise to have the property inspected by a representative of a licensed pest control company who can detect the presence of wood destroying pests and can provide a report on his/her findings.
What Does The Report Cover?
This inspection covers subterranean termites and other wood destroying insects. However there are other wood destroying insects that may also be included in the report, such as powder post beetles and carpenter ants.
Who Orders an Inspection?
A pest control firm may be selected by the seller or his/her agent, lending institution, or buyer, depending on the state's real estate laws or established practice. As a purchaser, you should be advised as to which company is doing the inspection and as a buyer, you can make the selection.
What Does the Inspection Entail?
A thorough inspection is performed to the inside and outside of the house or structure, including the garage or other out buildings on the property. The inspection is "visual" and does not involve drilling or removing closed wall board (i.e. removal of drywall or siding). If the inspector finds evidence of an infestation, the inspector records it on a specified form which includes a simple diagram of the structure(s) inspected indicating location(s) of wood destroying insect activity and the types of treatment available.
Is the Report for Termites Only?
No. There are many wood destroying insects, including the subterranean termite, that may also be included in the report, such as powder post beetles and carpenter ants.
What if Evidence of an Infestation is Found?
DO NOT PANIC!!!
If wood destroying insects or damage is detected, the lending institution usually requires that the property be treated. Mite-E Exterminating will recommend appropriate treatment to control the pest(s).
The method, or combination of treatments recommended, will depend on the specifics of your home and infestation. After the initial treatment, periodic inspections of accessible areas are usually recommended to monitor its effect and determine if any additional treatment is necessary.
Does the Report Guarantee There is No Infestation?
No. Both the seller and the buyer should be aware that by law, this report covers only what an inspector concludes from what is visible on the date of the inspection. This means that a report indicating no visible infestation is no guarantee that these insects are totally absent from the home. The possibility remains that an infestation may be hidden inside a wall void or beam.