I am currently under contract to purchase a home in Chandler, Arizona.
According to my agent, the just released termite report shows that
there is some termite activity. I'll get a copy soon and also the
agent suggested I talk to the inspector to determine the extent of the
termite issue.

At this time I do not know the extent of the activity and if there is
any damage to speak of but this situations is of course somewhat
"disturbing".

My main areas of concern a
1. The extent of the termite activity and any damage
2. The effect this will have on resale value (if the problem is
treated but this fact were disclosed to future buyers as would be
required)

The contract stipulates that the seller must pay for the treatment.
But I also wonder if I should ask for a reduced price for the possible
value lowering effect due to this factor.

I am a first time buyer and not all that knowledgeable about the
extent of termite problems in Chandler. I'd prefer if termites
activity wasn't found but then again this could be quite common and
inevitable in Chandler.

I feel a bit uneasy about buying a property that isn't termite free
but on the other hand it might be common enough that a record of
termites isn't going to be that big of a deal down the line when it
comes time to sell.

Does anyone have any advice or suggestions as to what I should do or
how much of an issue this is?

Thanks for any help!