Purpose of a Termite Report

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Purpose of a termite report

The Purpose of a Termite Report is to provide a potential buyer with all the information concerning Wood Destroying insects to make the right purchasing decision.

A Phoenix realtor/broker being sued by her client was asked this during a recent deposition. What is the purpose of a termite report? The agent with over 16 years of experience was caught off guard and could not muster an adequate response. I think it is to tell if the home has termites!?

Arizona Termite Report

The purpose of a termite report in a real estate transaction is to convey information to the buyer, so they can make the right buying decision. Designed to protect the consumer, the State of Arizona has enacted specific Statutes along with rules and regulations dictating what information should be included on a termite report. One of the top violations investigated by the State of Arizona is the failure to properly complete a termite report.

“A real estate agent/broker is charged with protecting the interests of the client.”

Do you personally review the termite report? Do you discuss the findings with your client?

The Phoenix realtor/broker being sued did not. She called the title “Is the report clear?”  The escrow officer advised, “It’s clear… no termites.”

That agent/broker has $2000 out-of-pocket deductible expenses and is being sued for $1.6 million.  Her insurance company hopes to settle for $800,000.

Bills Pest Termite Control is Arizona's Termite ExpertsWhile the home in this transaction did not have termites, the inspection reported evidence of previous termite activity and treatment. The sellers who had only lived in the home for 18 months had no knowledge of a previous termite history. The seller’s disclosure reported no known termite history.

Shortly after the closing of escrow, the buyer discovered extensive termite damage in the home during remodeling.Purpose of a termite report

The buyer contends that had his agent properly reviewed the termite report and conveyed the findings, he would have either not bought the home and/or requested additional information concerning the termite history.

As in many cases, the termite report was not signed by the buyer at the close of escrow nor was he provided a copy. He was told by the agent/broker that the report was “clear.”

You can check the termite history of a property here.

Arizona Termite Inspection FAQ

The contract nor the lender is not requiring a termite report my buyer wants to know if he should pay for a termite inspection?

Yes, most real estate agents are aware that Phoenix has a healthy termite population and that extensive damage can be caused by a termite infestation. A $50 termite report can be the best insurance for your client and for the agent. You serve your client best when they have as much information as possible to make the right buying decision!

Bill’s Pest and Termite Control is your hometown exterminator providing safe, effective pest control services for your home or business at affordable rates.  Family-owned and locally operated we are the experts that other exterminators call upon when they encounter a termite infestation beyond their resources.  We provide termite inspection reports for the sale or purchase of any Arizona property, free yearly inspections, and second opinions.  We know Arizona termites!

Purpose of a Termite Report 602.308.4510

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    5 star review  We’ve used Bill’s Pest when needed for more than 20 years. They are always very professional, thorough, and reasonably priced. I wouldn’t hesitate to recommend their services!

    thumb Paula Moritz
    12/30/2020

    5 star review  They came early which was great! Ryan did a very thorough inspection for termites in which he verified that we did and inspected for other little critters. They quoted us a very good price for the service and had a very excellent warranty. We went ahead and chose Bill's they showed up early again and did everything that they quoted. I highly recommend Bill's Pest Control very professional and courteous will renew in the coming years

    thumb Steven Belzer
    12/25/2020

    5 star review  Bill's Pest and Termite Control is awesome! I'm finalizing a VA refinance and the lender informed me on short notice that I had to arrange for a termite inspection using a specific form. Bridget from Bill's was able to come out the next day, they were familiar with the form the VA needed. They are certified, prompt, friendly and reasonably-priced. Thankfully no termites were found but Bridget was able to show me where the prior owner had done treatment and tell me how thorough it was. If I ever need treatment this is who I'll call for certain!

    thumb Chris Phillips
    12/22/2020

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