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If It Had Not Been For You
"We would like to take this opportunity to thank you for helping us in the sale of our house in Wonder Lake. We were so surprised that it sold as fast as it did, considering it was on the market during the Thanksgiving and Christmas Holiday seasons. Not only did you aid in the sale of our home, if it had not been for you, we would not be residing in our current home in Woodstock."
The Fox's~1560 Wicker St, Woodstock
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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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What is encroachment, and how might it affect a property owner?
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Encroachment, refers to the unauthorized intrusion of a building or improvement onto another person's property; it often requires a surveyor's report to support the claim. |
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