Buying your first home is an exciting process, but the journey from the time of signing the contract to settlement day can be one which is confusing. There is a lot of different jargon used in a house buying process. Take the termite inspection report, for example. You know you need one of these to make sure that your prospective home isn't hiding thousands of dollars of termite damage, but you have concerns that you won't understand the report when it arrives. To help you understand the document better, here are two tips to keep in mind once the termite inspection report is delivered to you.
Evidence Of Past Damage
During a termite inspection, the building inspector is looking for past and present evidence of termite infestation in the building. They check roof spaces, under floors and within wall cavities for signs of termites. When evidence of termites is found, then the inspector determines if it is old damage or new. If the report indicates it is old damage and there is no current sign of termites, then you must decide whether you are confident the problem has been eradicated. Ask the current homeowner for documentation which shows when and how the previous termite infestation was treated to help you make this decision.
Evidence Of Current Damage
If the termite inspection report shows evidence of current termite infestation, then you have a tough decision to make. Do you proceed with the contract and ask for a reduced price to offset the cost of termite control and then the cost of the repairs? Or, do you terminate the contract and look for another house? The answer lies in how much damage the termites have done. For example, if the inspection reports show damage to structural beams in the building, then it is advisable to walk away. Any damage which compromises the integrity of a home is an expensive fix, and it's not necessarily safe to live in the home while the repairs are done. However, if the damage is superficial and isolated to one spot, then treatment and repair are possible and the cost of this should be researched and then used to gain a price reduction.
Don't let a termite inspection report leave you stressed because of the detail in it. Instead, use the report to make sure you are getting a home which does not have any hidden termite damage. A termite inspector, such as those from companies like Stewarts Pest Control, can also explain the finer details of the report to you if you need further information.