General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago,
Termite Bond Worth The Cost?
Question regarding Termite Bonds. The property that we have under contract has shown evidence of prior termite damage throughout. It was treated in 2017. The inspector stated that he did not see any current termites there. The Realtor mentioned getting a termite bond or having the seller transfer a termite bond to us as getting termite damage can be very costly. Has anyone had experience with termite bonds? I was researching and saw that the companies can come in and say that the damage is preexisting or caused by something else and not pay to remedy the issue.