Termite remediation is the process by which termites are removed from homes. This can be done by several different methods, and most termite infestations are discovered in the late spring and early summer months. If left untreated, a termite problem will only exacerbate, and could drastically affect the structural integrity of your home. If you are buying or selling a property, it is necessary to know if termites are present, were present, and what, if any, damage they have caused at any time.
Ridding a home of a termite investigation requires a professional. It is necessary to know the signs, symptoms, and deleterious effects of a termite infestation, and how best to treat it. Generally, there are two major types of termite treatments: baits and liquid. If you have an infestation at one point in your home, it is likely that you will be infested all over. A termite infestation can go undetected for months or sometimes years before wreaking havoc throughout the property. If you are buying or selling a property, a proper termite inspection must be conducted.
Remediation and its effects on Your Mortgage
If you were planning to put a bid on the property, a real estate appraiser in Southern California will need to certify that there is no termite damage to our home. Often, this means a full termite inspection. An FHA 203K loan could finance termite remediation and necessary repairs if you buy a home with termite damage that is discovered after closing. In most cases, it is appropriate to have the property’s seller address and repair the damage prior to closing.
If you have a termite infestation on a piece of property or home that you recently purchased in Southern California, and are trying to finance payment through a loan or mortgage, lenders may approach you in a variety of ways. First, you might be denied your mortgage straight out. Second, making repairs and addressing your termite infestation might be a condition of getting the loan. Third, you may only be granted a loan for repairs and termite remediation before getting a full-scale mortgage or homeland. Most often, addressing the termite infestation through mediation and making necessary repairs to your home or property are conditions of any mortgage or home loan.
Starting the remediation process
When you are having a termite inspection at a home for sale in southern California, be sure to ask the following questions:
- How long have termites been present?
- What is the extent of the termite damage?
- Is the structural integrity of the house compromised in an irreparable way?
- Do you plan to use liquid or bait to treat termites in the home?
- How long will the remediation take, and what do I do in the meantime?
- How does this affect the value of the home?
- What kind of report will you make available to me, my real estate agent, and my lender?
Contact us to address Southern California real estate questions today
If you are relocating and are concerned about a possible termite infestation, GlobalPoint Relocation can help. We are a full service real estate company, and we pride ourselves on helping people just like you with relocation efforts to the Southern California region. Buying and selling a home and relocating can be difficult, but GlobalPoint has the tools to help you make the right decisions before making a move. Learn more by giving us a call at (562) 221-0055 today!
Published on 2017-11-11 16:56:38
