BAP Blog The Truth about Termite Damage - Should you Consider Purchasing the Home Anyway? by William Bill Price, an Experienced REALTOR in the Frederick, MD Market
The Truth about Termite Damage - Should you Consider Purchasing the Home Anyway? by William Bill Price, an Experienced REALTOR in the Frederick, MD Market
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October 24, 2009, by Bill Price

The unfortunate thing about termite damage is it is not always completely visible to the naked eye. In many cases there can be underlying damage that cannot be seen and you may be taking on more than you can chew by purchasing a Frederick, MD home with this kind of problem. Here's more information about termite damage that you should know before buying a property in Frederick, MD.

Finding the extent of the damage

If you see any signs at all that there have been termites in a Frederick, MD home, you will not be able to assess the full damage unless you lift up the carpeting and take a look underneath. You also need to move the appliances and you may even need to open walls and ceilings for a full inspection. In severe cases it may be necessary to call in an excavation crew in Frederick, MD to find out the true extent of the structural damage.

The costs involved

The motgage company will require the Buyer to obtain a Termite Inspection. The cost is around $25 to $60. There are companies available that will check Frederick, MD homes for termite damage. If you have any suspicions at all that this home may have come into contact with termites, the small cost of hiring a Frederick, MD company for a full assessment may end up saving you a lot of money in the end.

It can cost up to $1000 to call-in pest-control in Frederick, MD and get rid of the termites. The normal contract requires the Seller to repair termite issues up to 2% of the purchase price. It is important to understand that you're not only dealing with termites at this point but with their damage as well.

If you really like the Frederick, MD home you are looking at, you may want to step back and decide if it is really worth the time and trouble it will take to fully handle any of the damage.

If you need more free information about selling, buying or investing in Frederick, MD real estate feel free to contact William Bill Price. For complete information about the Frederick, MD real estate market, including the most recent homes for sale, current property values and more, please visit the most complete online website dedicated to meeting all of your Frederick, MD real estate needs at www.homestoprice.com.

Do not hesitate to contact me anytime with any of your real estate or mortgage related questions and I will be happy to answer your them for you. You can use the form below and you will receive my Free E-mail series of Home Buyer Article or Call me on my cell at 301-514-7963 or email me at bill@homes2price.com.

 

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