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Updated over 7 years ago on . Most recent reply

User Stats

47
Posts
6
Votes
Hiro Kitagawa
  • Rental Property Investor
  • Plano, TX
6
Votes |
47
Posts

Termites damage in potential property

Hiro Kitagawa
  • Rental Property Investor
  • Plano, TX
Posted
Hi BPers! In a few days I will be viewing a property that has known issues including portion of the house having termite damage. It's an off market deal and owner would not pay to fix it. It would be my first property where I would need any repair done, and the second property overall. I have little to no knowledge about termites or extent/cost of the damage at this point. What are your takes on termite damages, and how would you proceed with if this was your potential property?

Most Popular Reply

User Stats

133
Posts
54
Votes
Jay Dean
  • Investor
  • Manvel, TX
54
Votes |
133
Posts
Jay Dean
  • Investor
  • Manvel, TX
Replied

Termites do not scare me away from looking at a deal like they might with the majority of the general public. 

I would be inclined to have a termite inspector / home contractor with me during my walk through of the property.  Why make an offer if you can quickly eliminate it as a viable deal.

I definitely would not buy without doing these inspections.

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