Selling A House With Termite History: All You Need To Know!

Published on April 3rd, 2023

Do Termites Affect Home Value?

Unfortunately, termites can wreak havoc on a home, causing extensive damage that can be very costly to repair.

As a result, homes with termite problems often sell for significantly less than homes without any issues. In addition, some lenders may be reluctant to finance a house with termite damage.

Is It Hard To Sell A House That Has Had Termites?

Most people are aware of the damage that termites can cause to a home. These tiny pests eat away at wood, supports, and framing, causing extensive damage that can be expensive to repair.

As a result, many potential homebuyers are wary of purchasing a property that has had a termite infestation.

While it is true that selling a house that has had termites can be challenging, it is not impossible.

With the help of a knowledgeable real estate agent, you can take steps to address the damage and make your home more attractive to buyers.

Do You Have To Disclose Termites When Selling A House?

Selling a house is a huge undertaking. Not only do you have to declutter, deep clean, and stage your home, but you also have to disclose any latent defects that could deter buyers.

In most states, sellers are required by law to disclose the presence of termites when selling a house.

However, there are a few exceptions. For example, some states exempt sellers who were not aware of the termites from disclosure requirements.

In addition, some states allow sellers to repair the damage before disclosing it to potential buyers.

Whether or not you are required to disclose termites when selling a house depends on the laws of your state.

However, it is always best to err on the side of caution and consult with an attorney before listing your home for sale.

Significant termite damage can go undetected for years, slowly compromising the structural integrity of a home.

As a result, it is important to have regular inspections to check for signs of termite activity.

While the cost of a professional inspection will vary depending on the size and age of the home, it is typically between $100 and $200.

What Termites Are Causing The Most Damage?

Subterranean termites are the most common type of termite in the US, and they're responsible for the majority of damage caused by these pests.

Formosan termite colonies are difficult to control, as they can build their nests above ground and travel long distances in search of food.

As a result, these pests pose a serious threat to homeowners and businesses alike. If you suspect that you have a termite infestation, it's important to contact a pest control company immediately and get termite treatments done.

With their help, you can get rid of these destructive pests and protect your property from extensive termite damage.

How Long Does It Take To Get Rid Of Termites?

The answer depends on a number of factors, including the severity of the infestation and the type of termite treatment used. In most cases, it takes several weeks or months to eliminate an infestation.

However, it is important to note that this is just the beginning. Once the termites are gone, you will need to take steps to prevent future termite infestations.

This may include having a pest inspection every year and maintaining a termite warranty. With proper care, you can keep your home free of these destructive pests.

Many homeowners find themselves faced with the question of whether to sell their house as is or make repairs before listing it on the market. If the house has significant termite damage, selling to a cash buyer may be the best option.

Cash buyers are investors who purchase properties in order to fix them up and sell them for a profit.

Because they are looking to make a return on their investment, they are often willing to pay less for a property that needs major repairs.

In addition, selling to a cash buyer means that the seller will not be responsible for making any repairs. This can save time and money, which may be better spent on finding a new home.