First Rental Property: Termite Damage Found During Inspection
Hello Everyone,
I am in the process of closing on my first rental property in Kansas City! Just went through the inspection process and the inspector found termite damage along the front wall of basement and basement rim joist. It’s 2 smaller spots but obviously could be at risk for more damage in places you can’t physically see. There was no active termites found during inspection. Just old previous damage.
Would love some feedback or advise on if you think I should move forward or not in this process. If I move forward I plan on having the sellers purchase a whole home termite treatment.
Thank you,
JJ
Most Popular Reply
Congratulations on your first rental property!!! It is such a huge step!
We actually had the same situation. Our inspector found termite damage in our crawl space during the contingency period. We asked the seller to pay for the treatment (along with a few other issues) by a licensed termite team and required receipts before closing.
I would definitely continue to move forward with the deal, especially since there were no active termites.