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  2. Does homeowners insurance cover termites? - AOL

    www.aol.com/finance/does-homeowners-insurance...

    Unfortunately, most companies do not sell termite insurance policies. If the home has termite damage that is not covered by homeowners insurance, an exterminator will need to assess the situation ...

  3. Closing costs - Wikipedia

    en.wikipedia.org/wiki/Closing_costs

    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 secure the mortgage loan. During a typical transaction in the United States, inspection fees are paid at time of service and not closing ...

  4. Termites infesting your home? Here's how to identify ... - AOL

    www.aol.com/termites-infesting-home-heres...

    Frass (termite droppings): Subterranean termites push out their waste, known as frass, through small holes in the infested wood. It looks like tiny pellets and can accumulate below the infested area.

  5. 9 Unexpected Expenses When You Start Investing In Real Estate

    www.aol.com/finance/9-unexpected-expenses-start...

    Inspections and Appraisals. ... private mortgage insurance (if your down payment is less than 20%) and, of course, interest payments. ... you’ll most likely have to hire a property management ...

  6. Land contract - Wikipedia

    en.wikipedia.org/wiki/Land_contract

    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.

  7. Pest control - Wikipedia

    en.wikipedia.org/wiki/Pest_control

    Regular inspection of structures by a trained professional may help detect termite activity before the damage becomes substantial.; [68] Inspection and monitoring of termites is important because termite alates (winged reproductives) may not always swarm inside a structure. Control and extermination is a professional job involving trying to ...

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