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Old 12-01-2007, 03:07 PM
 
1 posts, read 1,772 times
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Does one need to pass a termite inspection before selling a house in Glendale, CA?
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Old 12-02-2007, 02:17 AM
 
Location: Los Feliz/Hollywood Hills
61 posts, read 240,170 times
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my mom is a senior underwriter and i have a real estate license that i use for mortgage banking sometimes.

YES a termite report is part of average inspections.

it's imperative.
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Old 12-02-2007, 02:25 AM
 
Location: Los Feliz/Hollywood Hills
61 posts, read 240,170 times
Reputation: 36
Quote:
Originally Posted by vernk View Post
Does one need to pass a termite inspection before selling a house in Glendale, CA?
let me add, sometimes the seller will offer to cover certain costs, as a seller things may be picked up by the buyer (sadly)..

things like termite reports or certain costs depending upon what is negotiated.

an inspector will assuredly report what things need to be addressed.. regardless of who needs to pay for it.

usually termite damage falls on the hands of the seller because he is selling his problem to another.

to answer your question succinctly, you can sell that property with a mal termite report as long as the buyer undersands they are to take care of said termite problem.

the financing needs to understand that also the termite problem will be handled by the buyer. usually that will not get financing and not pass the UW.

if this is what you're dealing with then the buyer needs to handle the termite problem THEN get financing.

as a seller you need to make sure that you have an "as is" clause. and they they can handle the termite on their own minus any responsibilty on your part.

otherwise, you need to fix the termite prob to pass inspection.

Last edited by LosFeliz_Diva; 12-02-2007 at 02:37 AM..
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