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#1
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Buying a house with termite damage
Hello,
Is it usually possible to get an accurate estimate of the cost of repairing termite damage? I am asking, because I am considering buying a house with a certain amount of termite damage. However, I fail to see how a home inspector can really know what the costs will be to repair said damage. He doesn't have x-ray vision ... how can anyone really know what it will cost once the termites start chewing up the wood? I am talking about complete repair costs (frame work, drywall work, flooring, etc). Any help on this would be appreciated. I'm also wondering if there is some sort of a "checklist" out there for what home buyers should know with regard to termites, termite damage, and preventative termite protection when looking at a home for sale. TIA |
#2
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Buying a house with termite damage
An accurate estimate no
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#3
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Buying a house with termite damage
You are leaving the door open for much grief if ye buy into this
misadventure Seamus J.. Wilson "techshare" wrote in message ... Hello, Is it usually possible to get an accurate estimate of the cost of repairing termite damage? I am asking, because I am considering buying a house with a certain amount of termite damage. However, I fail to see how a home inspector can really know what the costs will be to repair said damage. He doesn't have x-ray vision ... how can anyone really know what it will cost once the termites start chewing up the wood? I am talking about complete repair costs (frame work, drywall work, flooring, etc). Any help on this would be appreciated. I'm also wondering if there is some sort of a "checklist" out there for what home buyers should know with regard to termites, termite damage, and preventative termite protection when looking at a home for sale. TIA |
#4
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Buying a house with termite damage
m Ransley wrote:
An accurate estimate no Hi, No one has X-ray vision! Could be hornets nest. Wonder why people trying to buy house with a problem with unknown extent? Even moving into a brand new house, there are lots of things to steam out. Never lived in pre-owned house. Always built house my way. After 5 times, still learning. Tony |
#6
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Buying a house with termite damage
This is an old figure, but the average cost eight years ago on termite
repair claims of Terminix was under $200. All this says is that the Terminix warantee is not worth more than the paper it is written on. They only gaurantee to fix any "NEW DAMAGE", then proceed to write up a document that claims there could be existing damage anywhere. Take that to your lawyer and ask what that means... maybe they will put paint to plug up the holes if the mudtubes poke through... |
#7
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Buying a house with termite damage
"techshare" wrote in message ... Hello, Is it usually possible to get an accurate estimate of the cost of repairing termite damage? I am asking, because I am considering buying a house with a certain amount of termite damage. However, I fail to see how a home inspector can really know what the costs will be to repair said damage. He doesn't have x-ray vision ... how can anyone really know what it will cost once the termites start chewing up the wood? I am talking about complete repair costs (frame work, drywall work, flooring, etc). Any help on this would be appreciated. I'm also wondering if there is some sort of a "checklist" out there for what home buyers should know with regard to termites, termite damage, and preventative termite protection when looking at a home for sale. TIA I would have the seller do the repair and then have the house reinspected before buying it. They don't want to do it? Wish them well and keep looking for a house. I doubt that a lending institution will lend any money without having a clear termite report. House with indeterminate termite damage = pig in a poke |
#8
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Buying a house with termite damage
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#9
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Buying a house with termite damage
My advice would be to take the advice that Charlie Bress gave in his
post here. Pass on this one and live a peaceful and happy life. This house could be your worst nightmare. If you can buy the place for the value of the lot alone less the cost of tearing down and removing the existing termite-infested house, it may be worth doing if you are madly in love with the area, but otherwise, I'd pass. Des "techshare" wrote in message ... Hello, Is it usually possible to get an accurate estimate of the cost of repairing termite damage? I am asking, because I am considering buying a house with a certain amount of termite damage. However, I fail to see how a home inspector can really know what the costs will be to repair said damage. He doesn't have x-ray vision ... how can anyone really know what it will cost once the termites start chewing up the wood? I am talking about complete repair costs (frame work, drywall work, flooring, etc). Any help on this would be appreciated. I'm also wondering if there is some sort of a "checklist" out there for what home buyers should know with regard to termites, termite damage, and preventative termite protection when looking at a home for sale. TIA |
#10
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Buying a house with termite damage
Actually ... as with everything else in life.. it was some sort of
"confusion" between the realtor and the seller and the other realtors, etc.. They now say that he "fixed" the existing termite damage ... BUT the guy has Sentricon installed which is expensive to maintain.. and I have been reading that it has questionable reliability. Also, there is evidently some "small fungus problem" with the bottom of the garage door and some other outside woodwork. This is supposedly where the damage is at. I offerred about 12k less than he is asking.. and he wants more than that. The appraisal seems shady .... and he has some half finished addition attached to the back of the house (no heat, connectiing hallways, floor, windows, etc)...all of the other "buyers" have been with higher offers but requesting repairs ... namely the roof which is original since '87 .... he also isn't willing to to do any further repairs... so I think it's time to move on. Thanks for all the replies ... I'm sure I'll have more questions as this hunt for my first house continues! "Trent©" wrote in message ... On Wed, 24 Mar 2004 12:29:46 -0500, "techshare" wrote: Hello, Is it usually possible to get an accurate estimate of the cost of repairing termite damage? No. Only the termites know for sure how much damage they've done. And most of them don't remember what they saw anyway! lol I am asking, because I am considering buying a house with a certain amount of termite damage. However, I fail to see how a home inspector can really know what the costs will be to repair said damage. He can't...unless he's also a contractor. Not many are. And he'd be guessing anyway. He doesn't have x-ray vision ... how can anyone really know what it will cost once the termites start chewing up the wood? I am talking about complete repair costs (frame work, drywall work, flooring, etc). Any help on this would be appreciated. Termites are not as destructive as some other bugs. You can usually easily tell where they've been...and where they're goin' at the end of the day. Powder-post beetles are much more destructive. Anyway...have a look at the damage...and known paths...with the exterminator. Then get a contractor to take a look at those areas...and get HIS guess on the extent of the damage. After that, the amount you want to risk on that 'bet' is up to you. If yer good at negotiating...are kinda handy...and willing to take the risk, you can sometimes make a very good profit on this kind of property. After all, the leverage is on your side. Not many folks will even wanna CONSIDER the property...and the seller knows that. If you DO decide to buy it, keep all your records...so that you can prove that all the incidence and damage was there BEFORE you purchased the house. I'm also wondering if there is some sort of a "checklist" out there for what home buyers should know with regard to termites, termite damage, and preventative termite protection when looking at a home for sale. Google is your friend!! lol And so is the public library. Good luck. Have a nice week... Trent What do you call a smart blonde? A golden retriever. |
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