Is it worthwhile to get a termite bond that you can transfer to the new owner? Or in the rental home you intend to maintain as an investment?
As New York City agent Totaro puts it, “Before signing a purchase contract, it’s a good idea to have a termite check completed. A termite bond is a selling enhancement on the sell side. It’s like insurance; if you never use it, it’s a waste of money. But how much is mental tranquility worth?”
Given the price range at which bonds are available, having a bond in place can make a property more appealing to the next buyer, whether a homeowner or an investment.
Is it worthwhile to invest in termite protection plans?
A termite warranty may be requested by a buyer if you are selling your house, however warranties are not required in most states. A termite warranty, on the other hand, is well worth the cost of protecting your home. Termite repair costs roughly $3,000 on average. Repairs for termites can cost tens of thousands of dollars, so a warranty is well worth the money.
Is damage covered by termite bonds?
A termite bond serves as a guarantee that a pest control company’s work is effective. It could include future damage repair or retreatment.
A termite bond, like a home or automobile warranty, protects your investment. The bond protects Peachtree Pest Control’s work after we conduct an inspection and apply the necessary treatments. If termites reappear, the insurance will pay the cost of any additional treatment.
What is the definition of a termite damage bond?
If you’ve ever looked into pest control services, you’ve probably come across the term “termite bonds.” What exactly is this bond, and when will you require it? We’ve put up a list of frequently asked questions for you!
A termite bond, similar to a maintenance contract, is a guaranty between you and a termite provider. It usually consists of two major components:
- An agreement to have termite inspections for the duration of the contract (typically a couple of years). These inspections can take place once a year, quarterly, or according to a predetermined schedule.
- If termites are identified, there is an agreement to offer treatment and control. These services are typically covered by a bond, so the homeowner is not responsible for any additional costs. Many bonds provide upfront servicing prior to inspections to address newly detected termite issues.
- Damage repair or retreatment is the sole option. A contract should include whether the service provider will retract the structure and repair any damage caused by a subsequent infestation, or if the service provider will just retreat the structure without making damage repairs. Because not all properties qualify for a Repair Bond, it’s a good idea to find out if yours does and what the expenses are.
A bond is not the same as a “termite letter,” which states whether or not a house is free of termites after an examination.
A termite bond provides you with piece of mind. If you have a termite infestation, you may be concerned that termites will return following treatment. A bond, on the other hand, ensures that the pest control firm will keep an eye on your property and ensure that a new infestation does not emerge.
Termite bonds are also beneficial when purchasing or selling a home. If a home inspector discovers a termite problem or a high probability of termites, purchasers will typically agree to buy the house only if the owners first acquire a termite bond. Similarly, lenders may refuse to issue a mortgage for at-risk properties without a bond. Pest inspections are required for some loans, such as FHA and VA mortgages, therefore termite bonds can help homebuyers qualify for those lower-cost loans as well.
A bond can only be issued by a licensed pest control company. Some home inspectors have relationships with qualified pest treatment firms and can refer homeowners or homebuyers to one.
We don’t recommend waiting until your home is inspected to see if you need a termite bond. The finding may cause a delay in the seller’s intentions at a critical point in the sale. Instead, it’s a smart idea to arrange for a bond if you’re thinking about selling your house or if you recently discovered a termite infestation and are concerned about it returning.
The price of a termite bond is decided by the length of the bond and the services included, as well as other criteria.
For the initial service, a typical price range for a residential residence is $700 to $1,000, however rates might be lower for simpler arrangements. The warranty coverage, which includes an annual inspection as needed, normally costs $300-$400 each year.
There are two types of termite bonds: transferable and nontransferable. When a home is sold, a transferable bond can be transferred to a new homeowner. As you may expect, it’s critical to secure a transferrable bond as soon as feasible.
Is Terminix a good investment?
For expert pest control services, Terminix is a good option. With decades of experience, this industry leader provides complete general pest treatment as well as specialist services for termites, bed bugs, ticks, and mosquitoes.
How much does Terminix cost?
The cost of Terminix services is determined by a variety of factors, including the type of pest you have, the severity of your infestation, the type of treatment you choose, the number of treatments you require, and the size of your property.
What pests does Terminix eliminate?
Clothes moths, cockroaches, house ants, mice, rats, scorpions, silverfish, non-dangerous spiders, earwigs, millipedes, centipedes, house crickets, and paper wasps are all protected by Terminix’s comprehensive Pest Control Plan. Termites, bedbugs, ticks, and mosquitoes are all controlled by Terminix.
Is it worthwhile to invest in termite bait stations?
Termite bait has both advantages and disadvantages. Baiting is a more time-consuming and lengthy treatment method, but it is quite effective at eradicating termite colonies. Bait stations are set in the ground around the residence to catch termites in the act of foraging, usually before they reach the house. The bait station, as discussed in a previous piece, is made of plastic, a sort of wood that termites love to eat, and if termites are discovered, a bait is added that will gradually destroy the colony. The reason for using a slow-acting bait is that faster-acting non-repellent liquids and stomach baits would eventually drive termites away from that region. They may not be able to smell the material that is killing them, but they are aware that there are a lot of dead termites in the vicinity, so they avoid it. This doesn’t imply the termites have fled or that the colony has been eradicated; in fact, you’ll often observe them try to find a new way into the house or other structure in order to continue feeding. Most termite baits take months to operate because of the slower acting Chitin Synthesis Inhibitors employed in them “Much more of the colony, or hopefully the entire colony, will be infected. Because it has the potential to eliminate a higher percentage of colonies, and because it has a higher rate of colony eradication, “Termite baits are a popular choice among more proactive house owners who want to “catch” termites before they attack your home.
What should the price of a termite warranty be?
“Termites” is one of the most dreaded words a homeowner may hear. Termites are responsible for an estimated $5 billion in losses in the United States each year. They cause harm from the inside out, and they are frequently undetected until major damage has already occurred. Termite symptoms are generally difficult to spot until colonies have established themselves. Even with this knowledge, many individuals still wonder if termite protection is worth the money.
Termite damage to a home’s structure costs an average of $3,000. This cost varies based on the severity and location of the damage. Cosmetic damage, in addition to structural damage, can necessitate repairs, which can cost up to $2,000 to address things like discolored sheetrock, buckled floors, and peeling paint. This figure fluctuates based on the materials that were damaged and the materials that were used to repair or replace them.
Before any repairs can be made, termites must be eliminated. Termite treatment expenses include not just the termiticides or baits used, but also the work, training, and service hours provided by the termite exterminator. Termite control costs $4 to $7 per linear square foot of your property on average. This cost varies depending on the sort of guarantee offered, your home’s location, and the type of treatment necessary.
Many individuals are unaware that most homeowner’s insurance policies do not cover termite damage. Many homeowners are also unaware that during the sale of a home, the seller is nearly always responsible for termite damage. Because this varies by state, it’s usually a good idea to double-check. Prior to the selling of the home, a termite examination is frequently included.
A termite warranty provides homeowners with piece of mind by ensuring that the pest management company will inspect your house on a regular basis to ensure that new infestations are detected before they spread.
The warranty coverage normally costs $300-$400 per year, which includes the cost of an annual termite check.
What is included in each company’s termite warranty varies, but it usually includes an agreement for annual (or more frequent) termite inspections during the warranty’s lifetime, an agreement to provide treatment if termites are discovered (often at no additional cost to the homeowner), and in some cases, an agreement to repair damages. However, not all homes are eligible for these repair bonds, so always double-check with your termite control company.
How often should you treat your house for termites?
It depends on the termite treatment method you use. You should re-treat liquid termite treatments every five years, and termite bait stations should be monitored every few months.
Will termites come back after treatment?
Termites may reappear after treatments have been completed. Companies like Orkin and Terminix, on the other hand, pledge to re-treat for free if you have a termite plan with them.
What’s the average cost of termite treatment?
The cost of termite treatment is determined on the severity of the infestation, the size of your home, the business you select, and other factors. All firms require an in-home examination in order to provide you with an estimate.
What is the price of a Sentricon termite system?
Termite bait stations are a focused attack on termite colonies with the goal of eradicating them. Termite baiting systems range in price from $6 to $10 per linear foot, or $960 to $1,600 for a 1,600-square-foot home. Your treatment specialist will place bait stations every 1520 feet around your property and check them every 30 to 90 days to see if termites are consuming the poison in those places. Baiting is an important part of the colony’s demise.
Sentricon System
The initial installation of a Sentricon baiting system costs $1,200$3,800, with annual monitoring costing $280. Sentricon is the number-one bait system, according to 60 scientific tests that show colony eliminationtermites prefer the bait by a factor of 10 to wood. The bait is consumed by the colony’s workers. It kills them, but not before they regurgitate the poison, cutting off the colony’s and queen’s food supply. The exterminator will set the bait stations around your property about 10 feet apart and check on them occasionally to refill them as needed.
Soil Extermination Chemicals
Chemical termite soil treatment costs between $5 and $12 per linear foot, or around $1,360 for a 1,600 sq. ft. residence with a 160-foot perimeter.
Subterranean termites, which live in the earth around homes and buildings, are the most common termite problem in the United States. One solution is to inject liquid chemicals into the grounda trench is dug around the home’s foundation, and then termiticide is used to treat the soil before the trench is filled back in.
This is an extremely successful treatment strategy for eradicating a present subterranean termite infestation and preventing future infestations. Depending on the exterminator and the materials used to treat your infestation, you could expect a 3- to 7-year reapplication warranty against infestation at the treatment location.
Repellent Treatment – Liquid Chemical Barrier
Liquid chemical barriers, also known as liquid termiticides or repellents, are poured to the soil around the foundation through a succession of trenches and boreholes as a treatment to manage a subterranean termite infestation both before and after construction. This forms a barrier that keeps termites out of the structure while also killing any that come into contact with it.
Non-Repellent Treatment
Non-repellent treatment chemicals differ from repellent treatment chemicals in that they are designed to be undetectable to termites. They are poisoned and die because their muscles tighten up and they are unable to move or eat because they do not cause the termites to avoid the region and seek out an untreated location.
When done incorrectly, the coverage is insufficient, and breaches in the barrier can allow termites to enter the house. Furthermore, even if the barrier is completely successful, it will only affect the worker termites sent out from the colony and not the colony itself. If termites manage to avoid discovery within the house before the repellant is applied, this barrier will cause them to stay inside.
Best Termite Treatment – Termidor vs. Sentricon
Localized chemical treatment of infested regions is the chosen treatment to begin with. Overall, Termidor appears to have the top reviews for chemical treatments on numerous websites, whereas Sentricon is the favorite bait system.
Is drywall eaten by termites?
Drywall, often known as sheetrock, is a type of wall and ceiling covering used in dwellings. Termites may easily feed on the paper in drywall and cause damage because it is partially formed of cellulose.