It’s time to sell your home, but you’ve made an uncomfortable discovery—termites. Now, you are wondering how you can sell your home, with these extra occupants?
Don’t fret, we’ve got you covered with a quick guide outlining your main courses of action to help you get started with the task of selling a house with termites, and to cast your worries aside.
Houston, We Have a Problem
How do you know when you might have termites? You might see evidence that they have taken up space in your home before the damage becomes too severe, and early detection is key.
Some DIY home inspection tips are looking for tunnels carved into wood, or small pinholes. How you decide to proceed after you’ve discovered this change in your home will depend on the severity of the damage and how much it will cost to remedy it.
Read on for possible actions that you can take to sell a home with termites.
Remedy the Problem and Offer a Warranty
With early detection, according to Fixr.com, you could spend under $1,000 for termite treatment and save your home from further damage, putting potential buyers at ease.
The first step is a professional inspection report, to understand the extent of the termite situation. This report can also be presented to buyers later to disclose all of the details of the damage and the remedial actions.
If the damage isn’t too severe, after tenting your home, you can assess the cost of repairs and see if it’s best to fix them or leave the repairs to the buyer.
Some fixes include adding support wood to damaged areas of your home or adding wood hardener or sealant. More involved repairs might include repairing framing, reinstalling insulation in crawl spaces, or replacing drywall.
Whatever the solution, after the repairs, you’ll want to offer a warranty (typically one year) to your buyer, which will cover the cost of further treatment if the issue creeps up again.
When selling a house with termites, you will also share all of the details of the repair process, and may also offer a discount to help the buyer feel more at ease.
Selling a House with Termites As-Is
If you are looking at a hefty estimate for termite repairs, you may consider selling your house as-is to a cash buyer. If you do not have time or money to remedy the issue yourself, proceeding with an as-is sale might be your best option. You might attract an audience of flippers or investors who are seeking homes that they can purchase at a deep discount.
Of course, if you choose to sell your home as-is, you can expect a lower price to account for the buyer needing to make the repairs. Your best bet is to consult with a real estate agent after you receive the details of the inspection and the cost to remedy the damage, to determine which option is the best for you financially.
Whatever you decide, if you are selling your home with termites, there is a solution that will be right for your situation. With some research and professionals behind you, you will be able to take action and proceed with a successful home sale.
HomeGo purchases home in as-is condition, including with termite damage, and can make a same-day cash offer. We never charge fees or commissions, allowing you to keep more of your money in your pocket.