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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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Whose mansion sold for about $2 million after just one day on the market?
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Soon after the death of George Burns his home was put on the market; the home sold in 24 hours.
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Bradley E. Arnowitz PA, RPS, CLHMS
1355 Real Estate Associates, Inc.
Formally, Re/Max Beach Properties
3301 N.E. 183rd Street, Suite 405
Aventura, FL 33160
24/7: 305.776.6113
Facsimile: 305.402.0707
Brad@ArnowitzProperties.com
ClientCare@ArnowitzProperties.com
Re/Max Hall of Fame - Top Residential Team, Florida
Founder, The Institute for Luxury Home Marketing
Renowned Property Specialist
Certified Luxury Home Markeing Specialist
Voted "Best Local Realtor" Miami Sun Times
Miami Beach Area Council Chair, Realtor Association of Miami & The Beaches   
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