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Most home purchase agreements have clauses that deal with termites. After the agreement is ratified, a termite inspection is arranged. Before the closing can occur, the sellers must be able to produce papers signed by a licensed exterminator stating that the house is free of infestation and that any termite damage has been repaired.
Before you sign an agreement to buy or sell a home, you should read the termite clause and be sure that you understand it. Who selects the exterminator and pays for the inspection? If bugs are found, who pays for the treatment? Are the sellers obligated to repair any damage and have they placed a limit of the dollar amount they will spend on those repairs? If treatment is required, the buyers may want a chance to discuss the options with the pest control company, especially if someone in the family is sensitive to the chemicals used to control the termites. Ask about the exterminator's guarantees or service contract options.
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What is the only land in the world that has not been walked on by human feet?
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A small 200 square-mile section of Antarctica is the only terrain on Earth that not one person has stepped foot on.
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Betty Yong, BSc, Real Estate Sales Representative Homelife Victory Realty Inc. 10720 Yonge Street, Suite 226 Richmond Hill, ON L4C 3C9 Office Tel:: 905-737-0033 Cell: : 416-918-3434 Fax:: 905-737-3132 bettyyong@NUMBER1EXPERT.com
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I work both residential and commercial properties. Let me help you today!  
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