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Updated about 4 years ago on . Most recent reply

User Stats

12
Posts
4
Votes
Ryan Fisher
  • Investor
  • Colorado Springs, CO
4
Votes |
12
Posts

Termite Bond Worth The Cost?

Ryan Fisher
  • Investor
  • Colorado Springs, CO
Posted

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.

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