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Updated over 8 years ago on . Most recent reply
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termite damage
I'm in the process of buying a single family house with a tentative closing of 08/31. During the termite inspection they found old trails with no live termites in the garage. The seller will have to pay $1500 for the treatment and I was thinking of lowering my offer $2500 for any unforeseen damages. Does this sound reasonable? Any other advise? I plan on flipping the house but I may keep as a rental.
Most Popular Reply
I've always wondered how termite damage or previous termite activity affects resale value down the line. Even if you repair everything and have an inspection report from a local pest treatment company. Potential buyers are still turned off by this. It's almost like trying to sell a car with a rebuilt title.