How Much Termite Bond Cost Does It Cost?

Termite bond costs vary by company, region, and length of contract. Usually, the cost of the bond is a fraction of the cost of the termite treatment. The bond will include an initial treatment, an inspection, and a warranty to prevent future infestations. It will also include a guarantee to repair any damages. The cost of the bond is based on the risk of the home.

If you are selling your home, you may want to purchase a termite bond. In some areas, it is required by lenders before closing. It will also speed up the sales process.

Depending on the company and the termite species, the initial cost of a termite bond can be between $500 and $1000. Termite bond renewals are less expensive, typically $300 to $400 per year. Termite bonds will include an annual inspection, and follow-up treatment if necessary.

Termite bonds can help you qualify for a lower-cost mortgage. Some companies offer more coverage than others, and some will cover drywood termites. The price will depend on the size of the house, the species of termites, and the frequency of inspections.

Having a termite inspection performed before selling your home is recommended. Having the inspection done will allow the buyer to know that the home is termite free, and it can help speed up the closing process.

Many companies offer damage compensation for termite recurrence. This will include treatment for both the termites and the home.

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