If you are in the market to buy your first home, there are some things you should know. A good financial advisor will assist you on how to maximize your down payment and on how to get the best loan rate possible. They will fill you in on the nitty-gritty about building up your credit score well before applying. They will help you select a finance company as well as an insurance company you can trust.
With the finance part out of the way, let’s look at inspection. Before your finance company approves any loan, they will demand a neutral and professional inspection. These can cost anywhere between $300-$1000. A licensed professional will get into all the nooks and crannies of your potential new home and make sure it is fit to live in and that there is no major or impending damages. This protects you as well as the bank lending you the money.
Part of this inspection is the inspector looking for pest problems. Most importantly, he will be looking to see if your potential new home has a termite problem. Termites are by far the most destructive creature when it comes to human construction. Paul, a pest control specialist with a pest control company in Rockledge Florida said the following: “Termite damage is responsible for between $1B-$7B annually. This is a tremendous burden on homeowners and is a constant battle.”
So, what can a pest control specialist do? For starters, they can treat any wood that is already infested with termites. As long as the damage the termites caused hasn’t made the home unstable or unsafe to live in, it is salvageable. Second, the pest control specialist will create a barrier around the home using time-tested techniques. This barrier will keep new termite infestations at bay. They then issue you a certificate called a “termite bond”. This is an official document saying that the home is treated and cleared of termites.
This is something you will need to get updated from time to time. Termite bonds don’t last forever. The property needs to be treated regularly to stave off aggressive and hungry termites.
Why Termites Attack Your Home
There is a good chance that your home has wood somewhere in the foundation or structure. Wood is a strong material that is easy to build with. It is relatively cheap and malleable, making it the almost-perfect building material. However, it is a naturally occurring material and one which has been eaten by termites for millions of years. They chomp on and digest the cellulose. This gives them the energy they need to live. They will also seek shelter in the wood structure. Wood beams and planks are the perfect place for termites to set up shop. They get most of their needs met from the material.
Don’t delay. If you are buying a new home, get yourself a good financial advisor, insurance company, inspector and termite control company. They will make life better for you all the way around.