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An annual inspection can catch an infestation early and prevent further damage. Consider having a professional exterminator check the home for termites once per year and following their guidance ...
To protect your home from termite damage, get regular inspections by pest control professionals, maintain proper ventilation and moisture control and address wood-to-soil contact issues ...
Inspection fees, usually paid by the buyer [3] (although occasionally by the seller), charged by licensed home, pest, or other inspectors. Some lenders require inspections (such as termite inspection) to verify that the property is in good condition, which is necessary to assure that the property will retain the necessary collateral value to ...
An insurance company will commonly require a home insurance inspection within the first 30-60 days of the policy effective date to ensure the application was completed truthfully and accurately to ...
Thus, the lender commonly requires title service including title search and title insurance by an independent title company, appraisal and termite inspection of the property to ensure it has sufficient value, a land survey to ensure there are no encroachments, and use of lawyers to ensure the closing is done correctly.
If the appraisal shows your home value has gone up, you may be eligible for a lower interest rate or be able to get more cash out in a refinance. Finally, if your home value has increased, it can ...
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