A termite report, which is provided by licensed pest control companies or home inspectors, details the findings of an inspection. These reports show whether the inspector found evidence of unwanted guests in your house. Continue reading to discover exactly what your termite inspection report will reveal.

Who is required to have a termite inspection?
Buyers are responsible for determining what inspections must be performed. If you’re selling, there’s nothing to worry about. If you are buying, the local laws and loan requirements will dictate whether you need to have a termite inspection.

The VA, for example, requires that all homebuyers in certain states complete a termite inspection before they will fund the loan. California is a state that is known for termites. Many areas have laws that require a Termite Inspection Newnan before any contingencies can be removed.

USDA and FHA loans require termite inspections when the general home inspection suspects termites.

What is covered in a termite report?
A termite report lists items that could indicate termites’ presence. This includes visual indicators such as wood dust and tree damage. This report will also include information about any damage that may lead to termite infestations in the future.

A report can be used to identify water leaks, mold, and fungus as well as any other substances that may compromise the integrity of the house.

Surprises in Termite Reports
These reports usually include an estimate of the cost of repairs, but they do not provide documentation that all issues have been resolved. They simply list the issues found and describe what can be done about them.

Most often, the company who did the inspection will offer remediation services. If your company needs remediation, some companies will offer you a free inspection.

A termite report may also include information on structures that aren’t considered part of the home’s living area. Inspectors will inspect your property’s perimeter, wood beams, trees and sheds as well as other wood-based landscaping.

Termite inspectors will also inspect the foundation line where your home’s structure meets ground.

Understanding Termite Damage
Termite inspectors usually classify the severity and urgency of any termite issues found. Section 1 repairs are for serious issues that require immediate attention. Section 2 repairs are usually considered optional. They may or may not be required in order to get a loan approved by a lending institution.

Who pays for repairs? Sellers will typically pay for remediation services to fix an existing problem. This could include spraying termites from the home, or tenting and spraying them to get rid of them.

Buyers will typically bear the cost of services that are preventative (like termite inspection). These services lower the risk of future problems. Find out who pays and what costs you should expect.

A termite report provides valuable information that buyers and sellers should be aware of. It is important to carefully review it in order to fully understand what you are looking at. You can also keep the report if you are buying termites.

A qualified real estate agent will be able to advise you about termite remediation if you are selling or buying a home. Clever Real Estate is our preferred partner. They can help you save thousands or even get cash back. Clever allows you to sell your home for as low as 1% and $3,000, compared to traditional agents who charge 2.5-3 percent. In 41 states, you can receive up to 0.5% cashback after closing.