The One Question You need to Ask When Buying a New Home
Planning on selling or buying a home? Then you definitely need to be considering this question before making any deals.
It probably seems like common sense that a house on the market is up to code…for the most part. Sure, it may need a little fixer-upper action here and there, but as for home inspections and working through proper code violations, the house was most likely checked (along with these 34 important things to do when selling your home). However, you may be shocked to find out that there are certain inspections that actually do not happen during the home selling and buying process. And one of them is not checking for one of the worst pests to possibly deal with: Termites.
Yes, it’s unfortunately true. Checking for termites is not always a requirement for homeowners. Termite inspections are actually to the discretion of insurance providers or lenders. When it comes to buying a home, a lender usually requires homeowners insurance. If it isn’t required by the insurance, most lenders will require termite inspections. However, this does leave some room for lenders who don’t require it.
If the lender requires homeowners insurance, then the insurance provider is responsible for making the call. Termite inspections may be a part of the insurance provider’s policy, so an inspection may have occurred. However, if it isn’t a part of the policy, it probably wasn’t checked. To make matters worse, many insurance providers don’t even cover the cost of termite damage. They believe it can be prevented through regular maintenance and inspection.
Even if the house looks perfectly fine on the outside, the inside could potentially be destroyed by large colonies of termites. Even if you aren’t selling your home anytime soon, it’s important to have a routine termite check.
So next time you go to buy a home, make sure to ask: Has this home been inspected for termites?
If you find yourself with an itty bitty termite problem, here’s how to get rid of termites.