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Most home purchase agreements have clauses that deal with termites. After the agreement is ratified, a termite inspection is arranged. Before the closing can occur, the sellers must be able to produce papers signed by a licensed exterminator stating that the house is free of infestation and that any termite damage has been repaired.
Before you sign an agreement to buy or sell a home, you should read the termite clause and be sure that you understand it. Who selects the exterminator and pays for the inspection? If bugs are found, who pays for the treatment? Are the sellers obligated to repair any damage and have they placed a limit of the dollar amount they will spend on those repairs? If treatment is required, the buyers may want a chance to discuss the options with the pest control company, especially if someone in the family is sensitive to the chemicals used to control the termites. Ask about the exterminator's guarantees or service contract options.
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| Q |
What real estate term was first used in the 19th century and means "a high-flying flag on a ship"?
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| A |
Skyscraper was first used in the 1880s when office buildings of 10 stories or more were built in Chicago and New York. |
See More Real Estate Trivia > |
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Kimberly Zimmerle Realty Professionals 103 South Horton Hwy Chapel Hill, TN 37034 931-703-1434 Fax: 931-364-4225 kimzimmerle@BestImageAgent.com
Kim Zimmerle is a full time Affiliate Broker who has been buying, selling, renting and listing properties in the Middle Tennessee area. She has experience in rural and urban, residential and land transactions. She enjoys working with people and has a personal relationship with her clients and understands their need and wants. Her ambition as a realtor is meeting dreams and goals of her clients with integrity, knowledge, dependability, experience and trust. She also represents Prime Builders a custom builder specializing in the design and construction of homes created with unsurpassed craftsmanship. 
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