Quote:
Originally Posted by zmarkp
My sister has her courtyard villa in Pennecamp for sale and the broker emailed that the termite coverage would end July 31.
Should my sister extend the termite coverage for another year even though it won't be transferable to her next home in TV?
What are the downsides of her not renewing the termite coverage?
Are termites much of a problem in a block and stucco courtyard villa?
Thanks for any and all input.
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Your post is at least secondhand,"My Sister." The reason the broker contacted your sister is that no one should allow their termite coverage to lapse. If, you allow it to lapse you may have trouble getting another company to pick up the liability and without termite coverage a new buyer will not be able to get a mortgage.