Obtaining a termite clearance on a home before the close of escrow is a typical requirement set forth by a borrower’s lender before a loan is funded. When lenders require termite clearances, they require what is known as a “Section 1″ clearance. A Section 1 clearance pertains to correcting conditions present in the structure which constitute actual wood damage or termite infestation. These items usually include erradicating drywood and subterranean termite infestations and replacing wood damaged by either termites or dryrot. Lenders usually do not require Section 2 clearances, which are those conditions present that are likely to lead to infestation or damage.
It is normally the responsibility of the seller or homeowner to have their termite problem taken care of. Nonetheless, it is smart to have a company unrelated to a seller’s agent independently inspect for termites and damage to ensure the objectivity of recommendations that need to be satisfied.
Contact Mariners Pest Control, a California based termite company to assist with your escrow inspection.
If you own a rental property in the southern California area a termite infestation may end up costing you thousands of dollars for repairs. To avoid the headache of termites, regularly have your investment inspected for termites.
No Obligation, Absolutely Free Inspection