[Toymeister]

Originally Posted by Wiotte

I can guarantee you that anyone buying your home including the agent selling your home WILL inquire about a termite bond. You may disagree, buyers and agents will not.


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We can agree to disagree then.

[retiredguy123]

I have never bought a house without getting a termite inspection, and it is even required by law in many states. Also, if the buyer is getting a mortgage, the lender will require a termite inspection.

[Toymeister]

Originally Posted by retiredguy123

Also, if the buyer is getting a mortgage, the lender will require a termite inspection.

True Inspection are requirement but not bonds, In ANY STATE. Number 13 of fannie mae form 4330 requires a termite inspection OR a termite bond. Termite inspections cost approximately 100. Point here is an inspection is quite different than a bond.

[gweisheipl]

This is great discussion and I truly appreciate everyone's opinion! It would be great to hear Massey or Deans selling points! I concur, no bond is required, only a Termite Inspection! I also believe that Toymeister is spot on and I may follow suit with doing my own treatment. Please keep adding to this discussion as it adds value for all of us in TV or in my case those of us relocating to TV.

[gweisheipl]

So, did you pay or are you now paying Massey for Termite Service?

[retiredguy123]

There are 2 types of termite "bond" contracts. One will guarantee to retreat the house as needed to eliminate any termites revealed in the periodic inspection, but it will not cover the repair of any termite damage to the house. The other contract will retreat and repair damage, which is a more expensive type of contract. The second type of contract is probably not needed because termite damage is usually very minor as long as it is discovered early.

[Toymeister]

Originally Posted by New Englander

I'm curious. What does the annual treatment consist of?

Spraying the perimeter of the home up two or three feet up and on the soil a foot or two out with a solution of .8ounces of Taurus SC in one gallon of water. It takes less than 15 minutes. I do this three time a year. That is overkill for termites but it keeps the ants away.

The smaller bottle of Taurus SC makes over 20 gallons and has a shelf life of five years. Since I can't use all of it in 5 years the three times a year application is no additional cost to me.

There are numerous youtube pieces on how to spray the house, you should not just take the opinion of some random guy on this forum.

[Toymeister]

Originally Posted by Wiotte

I can guarantee you that anyone buying your home including the agent selling your home WILL inquire about a termite bond. You may disagree, buyers and agents will not.


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I asked a licensed TV properties real estate agent what she has experienced. She has been in RE for three decades in the area and with The properties of the Villages for over a decade. This is what she said:

" You do not have to have a termite bond on your home to sell it. The buyer would typically get a termite inspection and at that time they can secure a bond if they choose."

That makes sense since Fannie Mae does not require a bond for underwriting. Fannie Mae is the 800 pound gorilla when it comes to selling your home, whether you have a loan or not

Hopefully this will end the speculation that a bond is a requirement or somehow assists in the sale of your home. All a buyer cares about is the home is termite free and some may want to get a termite bond on it for their own purposes .

[biker1]

Yes, that has been my experience in the past. I didn't carry a termite bond and had a termite inspection done as part of the sales process. The new owners started up a termite bond because it made them feel better.

Originally Posted by Toymeister

I asked a licensed TV properties real estate agent what she has experienced. She has been in RE for three decades in the area and with The properties of the Villages for over a decade. This is what she said:

" You do not have to have a termite bond on your home to sell it. The buyer would typically get a termite inspection and at that time they can secure a bond if they choose."

That makes sense since Fannie Mae does not require a bond for underwriting. Fannie Mae is the 800 pound gorilla when it comes to selling your home, whether you have a loan or not

Hopefully this will end the speculation that a bond is a requirement or somehow assists in the sale of your home. All a buyer cares about is the home is termite free and some may want to get a termite bond on it for their own purposes .

[Allegiance]

Originally Posted by Toymeister

Spraying the perimeter of the home up two or three feet up and on the soil a foot or two out with a solution of .8ounces of Taurus SC in one gallon of water. It takes less than 15 minutes. I do this three time a year. That is overkill for termites but it keeps the ants away.

The smaller bottle of Taurus SC makes over 20 gallons and has a shelf life of five years. Since I can't use all of it in 5 years the three times a year application is no additional cost to me.

There are numerous youtube pieces on how to spray the house, you should not just take the opinion of some random guy on this forum.

Do you only spray and do not Dig a trench? Never used this insecticide, but I do like to rotate chemicals.

[gweisheipl]

Check out the application video at "DoMyOwnPestControl.Com" that I found online last evening. Click on the Taurus SC Termiticide 20 Oz Bottle, then scroll down and click on See full description & features, then scroll down down the page to the video titled How to use Taurus SC Termiticide. This video will explain how to mix, trench, and apply the Termiticide. Granted, this is not for everyone, but it also doesn't have to be done in a day!

[Jima64]

I think it would be more helpful to dig a slight trench around the foundation of the house and make sure the solution does drain down next to the building and not flow out over the grass. Sure it will kill the ants but termites travel underground into the housle. You might alo look around the plumbing pipes coming up under the sinks and also and tubs you can look under.

[birdawg]

I have asked this question before never got a good answer. Has anyone in the villages used the termite insurance for repairs.

[Toymeister]

Originally Posted by birdawg

I have asked this question before never got a good answer. Has anyone in the villages used the termite insurance for repairs.

If that had happened it would have been cited early in this discussion. Not necessarily by the person who used the coverage but someone they knew of or heard about somewhere, Anywhere.