Short Answer
A termite inspection checks for evidence of termite infestation and wood-destroying insects. In New Jersey, termite inspections are common but not always required. Most lenders require a termite inspection or wood-destroying insect report for conventional loans. Even if not required, a termite inspection is recommended because termite damage can be extensive and expensive to repair. Treatment costs $300 to $1,500, while damage repair can cost thousands. An inspection typically costs $75 to $150.
Termites cause billions of dollars in property damage each year in the United States, and much of that damage is not covered by homeowners insurance. New Jersey is home to several types of termites, including subterranean termites, which are the most common and destructive. A termite inspector will look for mud tubes, damaged wood, frass (termite droppings), and other signs of infestation. They will also check for conditions that attract termites, such as wood-to-ground contact, moisture problems, and mulch against the foundation. Some lenders require a termite inspection or wood-destroying insect report as a condition of the loan, particularly for FHA and VA loans. Even if your lender does not require it, a termite inspection is a small investment for the peace of mind it provides. If termites are found, the seller may be required to treat the infestation and repair any damage before closing.
Bob's Advice
Redfin Senior Agent · AI Certified Agent
I always recommend a termite inspection to my buyers. It is inexpensive, and the cost of treatment is far less than the cost of repairing termite damage. I have seen termite damage that required thousands of dollars in structural repairs. In most cases, sellers will pay for treatment and repairs because a termite problem is a material defect that must be disclosed to future buyers. Let us include a termite inspection in your inspection period and make sure you are protected.
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