Termite Damaged Homes: How to Sell Yours Fast

Many different issues can affect your home. From fire to flood to vandalism, there are plenty of opportunities for unexpected damage that can eat away at your property’s value.

But while these issues can lead to tens of thousands of dollars in damage, many of these are covered by insurance. That’s why termite infestations are one of the worst problems that many homeowners face. Rarely do homeowners insurance policies cover termite damage, which means that you are left footing the bill for the repairs.

How to Sell Termite Damaged Homes in Sacramento, Placer, and El Dorado Counties

Termites can attack homes of all shapes and sizes, and tend to swarm fairly indiscriminately – especially in Placer County an El Dorado County, where there are more trees and moisture to attract them to your property. Termite damage is also incredibly costly:

• Damage Repair – Damage repair costs an average of $5,000, with most of that money going towards structural repairs, and the rest going to cosmetic repairs. However, those costs depend on the extent of the damage, and severely damaged homes and larger homes can cost upwards of $10,000 or more.
• Termite Control – The pest control technicians in charge of eliminating the termites often charge as much as $1,500 to eliminate termites, and this number again is based on the extent of the damage. For safety, termite control must be as thorough and complete as possible to keep termites away, which may increase costs.
• Lost Home Value – The cost of termites isn’t limited to the amount you have to pay out of pocket. Once you’ve had termites on your property, selling your home becomes more difficult. Home buyers are less willing to pay for homes that have been damaged by termites, causing you to lose thousands of dollars in resale value.

This means that, unfortunately, termites will not only cost you thousands of dollars to repair out of picket, but they lower your property’s resale value as well.

Sell a Termite Infested Home

If your home has struggled with termites, selling it becomes more difficult and increases the likelihood of taking a loss. It’s one of the reasons why our team at Homestead Group, made up of cash home investors, are able to buy termite infested properties.

We buy all properties if you’re willing to sell them, and close within 7 to 10 days. If you find that you had or have termites and you’re ready to sell your home, all you need to do is give us a call at 916-662-1696 or fill out our form and we’ll schedule a time to make you an offer. Contact us today and sell your home – even if you still have termites in it.