Buying a home, especially your first one, is a tremendous undertaking. It is often the single largest investment you’ll have made by this time in your life and is probably the most stressful. A 2018 survey by homes.com found that 40% of first-time homebuyers found it to be “the most stressful event in modern life.” One in three admitted to breaking down in tears during this time.
Selling a home can be even more stressful with getting the property ready, finding a realtor, and lining up your next home. In many instances, there is the double-whammy of buying and selling a home simultaneously. At New Day Pest Control, we are here to take some of that stress off of your plate. Not only can our services alleviate some of the added stress that 25% of Americans have due to their fear of bugs, but we can also help the home purchasing process along with a termite and wood-destroying insect and organism inspection.
The federal government does not require these inspections, and it is left up to the individual states. In New Jersey, the state does not require an inspection, but it does require the seller to provide any previous termite damage. Not disclosing previous damage even makes Bob Vila’s top ten list of things sellers try and hide. With that knowledge, it is in the buyer’s best interest to have the property properly looked over.
Lenders, however, may require an inspection before approving a mortgage. For VA and FHA loans, an inspection is required, as well as proof that previous damage has been repaired. If activity is found, proof of treatment by a licensed pest control operator is also required. For condominiums and multi-unit properties, the first floor is subject to the same guidelines as a home. For second-floor units or higher, the requirement is based on the appraiser’s report findings. If evidence is shown of a previous or active insect or WDO infestation, or dry rot, the inspection is required.
Conventional loan requirements are left to the discretion of the lender. In New Jersey, these inspections can only be done by those with a Category 7B Commercial Applicator Certification. Along with termites, this certification allows us to not only inspect for Carpenter Ants and Bees, Powder Post and other wood-boring beetles, and wood-decaying fungus, but also treat for it should we find an infestation. New Jersey falls into the moderate to heavy category of the probability of termite infestations, resulting in the use of the NPMA-33 Wood Destroying Insect Inspection Report to document the findings. This report is valid for 90 days from the day the service is performed.
With so many decisions involved when buying or selling a house, choosing a company for such an important task is easy, contact New Day Pest Control. In Bergen, Essex, and Passaic counties, we are the area’s leader for termite and wood-destroying organism inspection reports as well as home, pre, and post-construction treatments. Leave it to us to turn your stress into a smile.