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Animal House >Termites

Most home purchase agreements have clauses that deal with termites. After the agreement is ratified, a termite inspection is arranged. Before the closing can occur, the sellers must be able to produce papers signed by a licensed exterminator stating that the house is free of infestation and that any termite damage has been repaired.

Before you sign an agreement to buy or sell a home, you should read the termite clause and be sure that you understand it. Who selects the exterminator and pays for the inspection? If bugs are found, who pays for the treatment? Are the sellers obligated to repair any damage and have they placed a limit of the dollar amount they will spend on those repairs? If treatment is required, the buyers may want a chance to discuss the options with the pest control company, especially if someone in the family is sensitive to the chemicals used to control the termites. Ask about the exterminator's guarantees or service contract options.

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Q	What are considered the ideal conditions for a buyer's market?
A	In a buyer's market, there are more houses for sale than buyers, homes take longer to sell, and sellers may have to cut prices.
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Fred Roven, REALTOR®, real estate agents and broker for Martha's Vineyard Massachusetts home listings, property and land for sale - NUMBER1EXPERT(tm)

Fred Roven, Emma Kennedy and Diana Gilmore
Martha's Vineyard Buyer Agents
256 Edgartown Rd.
Edgartown
MA , 02539-1661
Phone: 508-627-5177
Cell: 508-662-3205
Fax: 508-627-7004
buymv@mvbuyeragents.com
What an exciting adventure you are about to begin...joining us on this very special island. We are Exclusive Buyer Agents representing Buyers only in the purchase of residential, vacation, investment, and commercial real estate on the Island of Martha's Vineyard. In addition to all the standard listings, we are able to show you foreclosures, bank owned, and For Sale By Owner properties. We walk you through the whole process, from initial conference to closing. We promote and protect your interests at all times (including anonymous purchases). We negotiate the best price and terms (remember, we are working for you, not the seller). We give you complete confidentiality. The seller will have professional representation, will you? We represent you, the Buyer, 100%.

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