Kelli’s 2️⃣cent Tuesday - Episode 13 🕷👀🐜
🏡Today's Random Real Estate 2️⃣cents Tuesday topic is about Wood destroying insects.🐜 A WDI inspection is not the same as a pest inspection. The WDI inspection is looking only for wood destroying insects nothing else. This inspection can really help save the buyers future expenses from unknown termite etc… issues.
🚩Seller is responsible for paying a qualified tech for home treatment prior to closing if WDI activity is present (KY)
🚩Seller is responsible to fix any visible past or current damage from insects up to 1% of cost of sale price of home (KY) If said cost is above 1% it can be negotiated or deal can be walked away from
🚩With a VA loan the buyer can not pay for the WDI inspection
Cash in on my 2️⃣cents by knowing what is your or others responsibility when it comes to WDI inspections 🔦. Check out your states guidelines that pertain to these little buggers!!