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Lilly Fang
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active termite in my first BRRRR house! How much should I budget more?

Lilly Fang
Posted Jan 29 2024, 23:19

I did a pest inspection today and found active termites on the corner of this wall. It's a concrete stub. How much is it usually to re-stud this wall if we can re-use the window? I just hope the termite didn't spread to another area.  I am thinking about negotiate another 10k from the price or ask for 10k credit.

background: under contract price 420k, the seller passed away with a reverse mortgage balance of 380k ish. If the price is too low, the seller's children will just let it go to foreclosure. The seller's agent mentioned they have a backup cash offer from Wedgewood (a flipper company), but the price is lower than mine, and she has to do some numbers to make it work. So I guess the backup offer is probably 400k. I am thinking10k credit should work out, right. Not sure if the 10k can cover the termite treatment and re-stud the wall.

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Lilly Fang
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Lilly Fang
Replied Jan 29 2024, 23:40

We saw active termites at the exterior corner of this wall (below the window, next to the patio door). The inspector said they have to remove the deck to see the full picture, but he guessed it's all along this wall and suggested that I budget re-stud the whole wall. 

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Glen Wiley
  • Investor
  • Richmond, VA
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Glen Wiley
  • Investor
  • Richmond, VA
Replied Jan 30 2024, 02:23

I like your approach. Once you have that repaired, get annual termite treatments with a warranty and don't sweat it.

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Lilly Fang
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Lilly Fang
Replied Jan 30 2024, 18:20

Should I treat this area or treat the whole house?

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Glen Wiley
  • Investor
  • Richmond, VA
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Glen Wiley
  • Investor
  • Richmond, VA
Replied Jan 31 2024, 03:06

treat the whole house every year, sustained treatments cost about $100/yr for each house for me

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Lilly Fang
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Lilly Fang
Replied Jan 31 2024, 22:49

ok, I got the quote today, $500 to treat the active termite area and $1500 to treat the entire house. (I think this is reasonable)

However, $13500 for repair the area shown and other dry rots area. It says: repair and replace any damaged wood with new wood as necessary. Is it too much???? 

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Glen Wiley
  • Investor
  • Richmond, VA
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Glen Wiley
  • Investor
  • Richmond, VA
Replied Feb 1 2024, 02:39

That is really tough to answer without seeing the place. Try getting at least one other quote to compare.

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Lilly Fang
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Lilly Fang
Replied Feb 4 2024, 22:08

I got another quote for $2000-3000 labor cost for that wall.

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Glen Wiley
  • Investor
  • Richmond, VA
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Glen Wiley
  • Investor
  • Richmond, VA
Replied Feb 5 2024, 01:19

That is much better - be careful about going with the lowest bidder, sometimes it is good, sometimes it is risky. When there is that big a difference it may be a red flag about either of the contractors.