TERMITES: The Buyer may have, including but not limited to, all accessible areas of the main building and any attached structures as well as all detached structures inspected at Buyer's expense by a certified pest control operator to determine whether there is any visible active termite infestation or visible existing damage from termite infestation in the improvements.

For example, it might not have usable fixtures and fittings or perhaps there are issues with mold & termites etc.Like everything else, do your homework and make an offer where you´re able to take a decent profit and still give the seller a reasonable deal.

If you're not familiar with the term, it basically means developers from around the world help build the product and it's usually free for you to use.

One lady said she knew my scam; I threw termites at the houses then went back home and mailed a letter asking if the house was for sale because I buy it as-is.

Of course everything is negotiable.Like Gene stated, many hard money lenders now like to use the "private money" term, it is just a marketing ploy, they still are hard money lenders if they are taking points, fees, etc and using OPM.

I have a 21 unit apartment building in Florida and I have had four termite exterminators to it.

A full home inspection cost around $500.00 that's home inspection, termite and radon (in Delaware you have to worry about the odorless gas) I'll give you some advice and this goes to everyone.

It seems to be pretty accurate here in Vegas but we don't have hurricanes or floods or termites really so I imagine that's relatively low on a national scale. 

@Katy Logue I loved US Home Inspect, used them twice.They can bundle add-ons if you want (mold, radon, termite, etc.). 

Older, wooden houses in Tampa are termite food.