Pat Kennedy - Your Washington, DC Real Estate Connection

head_left_image

The Termite Inspection Isn't Just for the Lender!

In the DC Metro area, there are two types of houses:  those that have termites, and those that will get termites at some future date.  So it's no surprise that, at least for single family homes, most lenders require a certificate from a licenced pest control company saying that the is no evidence of wood destroying incects or damage from these little pests.

But sometimes, the bank doesn't ask for a clear termite report. 

Whether or not the bank wants this certificate, there is a section in our boiler-plate contract language that requires either buyer or seller to pay for an inspection and to have a clean bug report by settlement.  It there are wood eating bugs, they have to be dead.  If there is any damage, it needs to be repaired. 

Once in a while, if the lender doesn't ask for a pest inspection, the buyers will just not bother with it, especially if the home inspector didn't note any obvious evidence - termites leave behind tracks, and other insects may leave little mounds of sawdust. 

Bad idea!

It's important to have the house inspected by a company that offers a one-year warranty - if they show up during the year after the inspection, the pest control company will treat the house at no charge.  And after the year is up, it's not a bad idea to keep up a service contract that allows for annual inspections.

And we're talking termites, carpenter bees and other insects that destroy wood.  If you've got ants or roaches, they're gross, but they won't eat your house!

 

Comment balloon 11 commentsPatricia Kennedy • July 19 2014 09:26AM
The Termite Inspection Isn't Just for the Lender!
share
In the DC Metro area, there are two types of houses: those that have termites, and those that will get termites at some future date. So it's no surprise that, at least for single family homes, most lenders require a certificate from a licenced… more
Summer Selling - Maybe It's Not the Time to Conserve!
share
We all want to be "green" and reduce our personal carbon footprints. But I think whoever passes out dispensations includes people who are trying to sell their homes, especially during the summertime. First, DC has been hotter than… more
What's For Sale in McLean Gardens
share
McLean Gardens is an interesting possibility if you are looking for a condo in the District of Columbia. The complex, constructed on a 23 acre tract that was once part of the estate built by former Washington Post owner, John McLean. The… more
Pat's Postcards: The Library of Congress
share
Pat's Postcards: The Library of Congress The Library of Congress was built to give our Senators and Congressmen access to information they might need while trying to run the country, and it is the largest library in the world. This is… more
The Most Expensive Condo Listing In DC Is Totally Worth It - and Then…
share
If you are looking for a totally amazing place to live here in Washington, DC, I have the answer for you! One of my favorite colleagues and former office-mate, Christopher Ritzert, has listed a penthouse in the Georgetown Ritz Carlton that… more
What's For Sale in Crestwood?
share
If you are looking for someplace that has tree-lined streets and easy access to Rock Creek Park, Crestwood may be an interesting possibility for the setting of your next home. The neighborhood is architecturally diverse, with a combination of… more