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Animal House >Termites

Most home purchase agreements have clauses that deal with termites. After the agreement is ratified, a termite inspection is arranged. Before the closing can occur, the sellers must be able to produce papers signed by a licensed exterminator stating that the house is free of infestation and that any termite damage has been repaired.

Before you sign an agreement to buy or sell a home, you should read the termite clause and be sure that you understand it. Who selects the exterminator and pays for the inspection? If bugs are found, who pays for the treatment? Are the sellers obligated to repair any damage and have they placed a limit of the dollar amount they will spend on those repairs? If treatment is required, the buyers may want a chance to discuss the options with the pest control company, especially if someone in the family is sensitive to the chemicals used to control the termites. Ask about the exterminator's guarantees or service contract options.

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Q	Where are the highest median price homes in the United States currently located?
A	According to the NAR, the highest median price in the second quarter of 2005 was $726,900 for homes in California's San Francisco Bay area.
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Diane Newman, REALTOR®, real estate agent and broker for Short Hills, Maplewood South Orange, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Diane Newman
Coldwell Banker
545 Millburn Ave
Short Hills , NJ 07078
Direct Line: 973 376-4612
Office Phone: 973 376-5200
Cellular: 201 618-9292
Office Fax: 973 376-7092
dianenewman@NUMBER1EXPERT.com
Diane Newman's business philosophy is to go the extra mile and to make the process of buying or selling a home as stress free as possible. She goes beyond what people expect as normal service. Sharing and educating her clients is the best way to allow them to make intelligent decisions that will result in a successful transaction. Her high energy level, persistence in meeting the clients' needs and past experience result in the highest level of service. A real estate professional for 20 years, Diane has assisted in transactions totaling more than $150 million. She has been a member of the New Jersey Million Dollar Sales Club since 1986, achieving Gold Level status in 1995, 1998 and 1999, Silver Level 1986-1993, 1996-1997, 2000, 2002, and Bronze Level 1993, 2001. She was awarded the Distinguished Sales Club Award from the New Jersey Association of Realtors. Joining Burgdorff late in 2001, she was ranked in the top 5% of the company, and is a member of the President's Elite for the past two years. She has also been a member of the President's Club with her prior association for the last ten years.

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