State laws require home sellers to disclose whether their homes have termite damage to anyone looking to purchase the residence. Termite activity and termite damage can be disclosed via a disclosure form. The state of Texas has a standard home seller’s disclosure form that you can use for this purpose.
When filling out the disclosure form for a home with termite damage, you should describe all current and prior termite activity, all insect treatments you have made, the extent of the termite damage and any information about repaired damage.
Even after you complete the disclosure form, buyers will still need to carry out a certified termite inspection in order to qualify for their home mortgages. Indeed, some hidden termite damage or activity could exist that the homeowner is not aware of.
Once a previous termite infestation is under control, and all damage repaired, homeowners will usually be able to sell their residences without too much difficulty. Homes that have existing termite damage and current termite activity, on the other hand, will be very difficult to sell. For this reason, even if you’re not planning to sell your home, you and your family will want to resolve all termite issues related to your residence as soon as they become apparent.
If you’re trying to sell a home with termite issues, you may want to talk to a real estate lawyer about the different strategies and options available to help you find a suitable buyer. Ultimately, a Texas real estate lawyer can educate you on disclosure requirements and what actions must be performed to prepare a termite-infested home for sale.
Source: termites.com, “Selling a House with Termite Damage,” accessed March 30, 2017