Subterranean Termites and Cast Iron Pipes

[Jessica Stevenson]

We are currently under contract for a buy and hold property in Jacksonville, FL. It is a concrete block house on slab. We had two issues pop up during our inspection today and I would like your opinion on if we should renegotiate price or walk away.

The first issue is that we discovered active subterranean termites in two parts of the house.

The second issue is that only part of the house has been replumbed. Everything going into the slab looks to be cast iron.

The house was built in 1961.

I would really appreciate any and all advice on this.