Thread View: misc.consumers.house
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Started by Email Invalid
Sat, 20 Mar 2004 05:49
Termite Activity Reported in Home
Author: Email Invalid
Date: Sat, 20 Mar 2004 05:49
Date: Sat, 20 Mar 2004 05:49
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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 are: 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!
Re: Termite Activity Reported in Home
Author: Doug Miller
Date: Sat, 20 Mar 2004 13:33
Date: Sat, 20 Mar 2004 13:33
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In article <8a9be796.0403192149.74260b5a@posting.google.com>, email_invalid@mail2world.com (Email Invalid) wrote: >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 are: >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. That depends on the extent of the damage, and how willing you are to walk away from the deal. If the damage is minor, and completely repaired, I suspect that the seller will have little interest in lowering the price. > >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. If the damage was minimal, or is completely repaired, and the infestation has been eliminated, you probably won't see much impact on resale value at all. > >Does anyone have any advice or suggestions as to what I should do or >how much of an issue this is? Once you find out the extent of the damage, you have a decision to make. Real estate purchase contracts normally allow the buyer to withdraw without penalty if inspection discloses a major defect, and extensive termite damage certainly falls into this category. If the damage is extensive, you may want to simply walk away from the deal -- *after* consulting with your attorney. Extensive damage means expensive repair; you can always attempt to negotiate with the seller, either for the seller to pay for the repair, or to reduce the selling price correspondingly, but be prepared for those negotiations to go nowhere.
Re: Termite Activity Reported in Home
Author: az-willie
Date: Sat, 20 Mar 2004 16:50
Date: Sat, 20 Mar 2004 16:50
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Email Invalid said on 3/19/2004 10:49 PM: >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 are: >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! > > ========= Not sure about Arizona real estate law but the revelation of termites CAN be grounds to void the contract. Usually the seller has a termite inspection before going on the market. If they sold you the home WITHOUT revealing the termites you can probably void the contract.
Re: Termite Activity Reported in Home
Author: Email Invalid
Date: Sat, 20 Mar 2004 22:51
Date: Sat, 20 Mar 2004 22:51
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az-willie <sclause@npole.com> wrote in message news:<iD_6c.16$lf.13@okepread05>... > ========= > Not sure about Arizona real estate law but the revelation of termites > CAN be grounds to void the contract. Usually the seller has a termite > inspection before going on the market. If they sold you the home WITHOUT > revealing the termites you can probably void the contract. According to my real estate agent and my understanding of the contract, I would be within my rights to withdraw from the contract and obtain my earnest money back. The loss from doing so would be time and the cost of the home inspections ($290 total for separate home and termite inspections). The question, though, is should I start looking for a another home or should I still buy the home but have the seller pay for full treatment (which actually he is required to do as the contract stipulates). If there is any "advantage" to speak of, it is that if I choose to go forward I can get termite treatment for free. There is of course better peace of mind in buying a home where the report shows no current termite activity. OTOH, I could easily buy a home where the termite inspection is clean and termites could still show up later on anyway and then I'd be the one to have to pay for it. If the current termite activity and more importantly damage is minimal and if this problem is somewhat inevitable, then there really is not much reason not to move forward, I guess???
Re: Termite Activity Reported in Home
Author: az-willie
Date: Sun, 21 Mar 2004 16:58
Date: Sun, 21 Mar 2004 16:58
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Email Invalid said on 3/20/2004 3:51 PM: >az-willie <sclause@npole.com> wrote in message news:<iD_6c.16$lf.13@okepread05>... > > > >>========= >>Not sure about Arizona real estate law but the revelation of termites >>CAN be grounds to void the contract. Usually the seller has a termite >>inspection before going on the market. If they sold you the home WITHOUT >>revealing the termites you can probably void the contract. >> >> > >According to my real estate agent and my understanding of the >contract, I would be within my rights to withdraw from the contract >and obtain my earnest money back. The loss from doing so would be time >and the cost of the home inspections ($290 total for separate home and >termite inspections). > >The question, though, is should I start looking for a another home or >should I still buy the home but have the seller pay for full treatment >(which actually he is required to do as the contract stipulates). If >there is any "advantage" to speak of, it is that if I choose to go >forward I can get termite treatment for free. > >There is of course better peace of mind in buying a home where the >report shows no current termite activity. OTOH, I could easily buy a >home where the termite inspection is clean and termites could still >show up later on anyway and then I'd be the one to have to pay for it. > >If the current termite activity and more importantly damage is minimal >and if this problem is somewhat inevitable, then there really is not >much reason not to move forward, I guess??? > > ======================= Probably the biggest question is how much damage there is and the extent of the termite infestation. If infestation is minimal and no known damage and the owner will pay for full termite treatment it isn't necessarily a deal breaker. I would try to get the owner to pay for the Terminix program or one similar to it where stations are installed around the perimeter of the house. As far as I know, Terminix is the only one that guarantees to pay for the damage. All other termite programs only retreat if termites are found, they don't pay for the damage when their program fails.
Re: Termite Activity Reported in Home
Author: az-willie
Date: Sun, 21 Mar 2004 17:14
Date: Sun, 21 Mar 2004 17:14
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Scott in Aztl�n said on 3/21/2004 9:05 AM: >On 20 Mar 2004 14:51:23 -0800, email_invalid@mail2world.com (Email Invalid) >wrote: > > > >>There is of course better peace of mind in buying a home where the >>report shows no current termite activity. OTOH, I could easily buy a >>home where the termite inspection is clean and termites could still >>show up later on anyway >> >> > >Yup. A great deal depends on how good the inspection/inspector is. > >When I bought my current house (in SoCal), the sellers had a termite inspection >done. The inspection revealed some evidence of infestation, and recommended spot >treatment and some repairs. The sellers, being *incredibly* cheap, decided the >cost was too much, so they went and got a second opinion. This second inspection >revealed more extensive infestation, and they recommended fumigating the entire >structure. Instead of lowering their costs, these idiots ended up having to pay >SIX TIMES MORE than the original estimate. > >BWAAAAAAHAAAAHAAAAHAAAAAAA!!!!!!!! > >I'm still laughing about that one. :) > >Anyway, the bottom line is, the first inspector clearly missed some things that >the second inspector found. Thus, who you select to do your termite inspection >can make a big difference. > > > ============= Termites are a plague in Arizona. Homes built in former orchards or on former farm land don't have much problem because so much insecticide was applied to the land over the years. But homes built on former desert ground ( like many in the East and West valley areas of Phoenix ) have big time problems with termites.
Re: Termite Activity Reported in Home
Author: Little John
Date: Sun, 21 Mar 2004 17:49
Date: Sun, 21 Mar 2004 17:49
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On 20 Mar 2004 14:51:23 -0800, in a fit of unbridled digital verbosity, once again proving the problem is located between the seat and the keyboard, email_invalid@mail2world.com (Email Invalid) two-fingered to all: |>az-willie <sclause@npole.com> wrote in message news:<iD_6c.16$lf.13@okepread05>... |> |>> ========= |>> Not sure about Arizona real estate law but the revelation of termites |>> CAN be grounds to void the contract. Usually the seller has a termite |>> inspection before going on the market. If they sold you the home WITHOUT |>> revealing the termites you can probably void the contract. |> |>According to my real estate agent and my understanding of the |>contract, I would be within my rights to withdraw from the contract |>and obtain my earnest money back. The loss from doing so would be time |>and the cost of the home inspections ($290 total for separate home and |>termite inspections). |> |>The question, though, is should I start looking for a another home or |>should I still buy the home but have the seller pay for full treatment |>(which actually he is required to do as the contract stipulates). If |>there is any "advantage" to speak of, it is that if I choose to go |>forward I can get termite treatment for free. |> |>There is of course better peace of mind in buying a home where the |>report shows no current termite activity. OTOH, I could easily buy a |>home where the termite inspection is clean and termites could still |>show up later on anyway and then I'd be the one to have to pay for it. |> |>If the current termite activity and more importantly damage is minimal |>and if this problem is somewhat inevitable, then there really is not |>much reason not to move forward, I guess??? If the house is standing in what used to be an orchard, like so many of the valley's houses are, then termites will be an ongoing problem for years to come. When the developers clear the land, they knock the trees over, cut them up and haul them away. In doing so, they leave considerable quantities of wood and plant materials behind in the soil. This creates a fantastic home for termites and certain species of ants, and they make the most of it. As their numbers grow, and food and nesting resources dwindle over the years, the insects start looking for new directions to expand, or simply migrate to more plentiful resources, like that nice batch of houses the developers built right on top of their homes. The onslaught usually begins when the development is 4-8 years old, depending on how well the developer cleaned up before construction. My suggestion would be to research the property. If it's standing on what used to be an orchard, walk away, and consider yourself lucky to have escaped the decade(s) long battle to come. jammin1-at-jammin1-dot-com jammin1's Resources www.jammin1.com
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