Question on termites and making a purchase

[Andy Sabisch]

OK, have a question I am hoping to get some thoughts on.  Looking at a property that checks all the boxes including price and have a signed contract.  Had a pest inspection done but when we looked over the clean bill of health, there was a small note that said the inspector did not go under the house because it was muddy . . . ok, that was money thrown out the window but calling him back, he agreed to go under when the rain stopped and inspect the crawlspace.  Well, active subterranean termites were found.  Engaged the seller who agreed to 1) have the house treated and 2) address any damage.  Their pest company treated the entire property and came back once the floor was opened in the dining room to treat underneath.  The contractor removed damaged flooring and replaced 8 2x10 joists that had damage.  They opened the wall and removed paneling behind the drywall that had been eaten as well as drywall that was eaten (guess they like the paper).  The studs were not affected.  There was damage to the storage room wall which is on the other side of the dining room wall which was opened up and the drywall removed.  

So at this point the seller's contractor (who has been providing me with routine updates) has repaired / replaced what was found in the areas that the pest company identified active termites.  If we budget waterproofing (membrane) for the crawlspace and accept that the treatment was done (with a bond) and the repairs completed (photos provided), what would your thoughts be on proceeding with the purchase?  Not sure of wondering if there is more damage we did not find is being paranoid but the seller has said she wanted to take care of the issue.  

I welcome your input . . . . Andy