Can You Sell a House With Termites?
WouterIf you’re thinking of selling your house, but have discovered termites in it, you may have a few options. One option is to sell your house to a cash buyer. That way you can get your money quickly. It is also a safe way to deal with the problem.
Another option is to sell your home to an investor. The investor pays you directly. Unlike traditional buyers, an investor will buy the house as-is. This allows you to sell your home without worrying about the repairs. If you decide to go this route, you can get a preliminary value estimate from HomeLight in under two minutes.
If you want to sell your home, you should find a pest inspector. The inspection will show you the extent of the infestation and help you determine how to fix it. You can find a good inspector through your real estate agent or through online reviews.
If you decide to sell your home on your own, you must disclose the termites and any past repairs. Depending on the state you live in, this can be a legal requirement.
If you have a significant amount of damage, your sale price will decrease by around 20%. Some buyers will not even consider your home if it has a history of termites. The problem is that termites have a stigma attached to them. However, this does not mean that your property will never sell.
In warmer climates, buyers can be more selective. It is possible to sell your house with termites, but you may have to wait a long time to do so.
