Getting a termite inspection at some point during a real estate transaction is common. As a seller, you protect yourself from surprises later on that can stall the closing process (or cause a sale to fall through completely). As a buyer, you protect yourself from expensive surprises down the road by learning the true condition of a property before you buy. As a real estate agent, you are helping protect your clients by recommending a termite inspection as part of the buying or selling process. A termite inspection for real estate escrow is done a little differently than a termite inspection for a homeowner. The lender involved in the process typically requires a specific set of information about the condition of the home in order to process the loan. No matter what role you are playing in the process – seller, buyer, or agent – it is important to find the best termite inspection company for real estate escrow.
Look for a company with experience inspecting homes for real estate escrow
A termite inspection for real estate escrow is designed to assess the condition of the home. The inspection will reveal whether or not there is an infestation and outline any damage that has occurred. This basic information is part of any kind of termite inspection. The inspection report for real estate escrow needs to include the information that lenders will be looking for. This includes a thorough wood-destroying organism (WDO) report. The best termite inspection company for real estate escrow is one with a proven history of successfully providing sellers, buyers, agents, and lenders with the information they need.
Look for a company that can provide a quick turnaround
In every real estate transaction, timing is incredibly important. When one element of the closing gets delayed it can snowball and cause a long list of problems. You need to choose a termite inspection company that can provide a quick turnaround to avoid delays in the closing process. As you look for a termite inspection company, ask about turnaround time for real estate escrow inspections. Nixtermite can provide you with an inspection and report within 24 hours for most structures (larger structures may require extra time). A quick turnaround on the inspection and report will allow you to get started on repairs right away if you are the seller or ask for a price reduction as the buyer.
As you look at options for a termite inspection company for real estate escrow, look for companies that have experience helping buyers, sellers, and agents during real estate transactions. The results of a termite inspection can have a big impact on a real estate transaction. It is important to work with a company that knows how to provide the information that is needed to show that the property is free from termites or that action has been taken to eradicate an infestation. Nixtermite has a long history of helping real estate agents and their clients get termite inspections and the WDO reports that lenders require.
