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Real Estate Tips

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Real Estate Tips

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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Real Estate Trivia

Q 
What does the term ARM stand for?

A 
An ARM is an Adjustable Rate Mortgage, a loan where the interest rate is tied to an economic index that fluctuates with the market.
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Nelly Andrushenko, REALTOR®, real estate agent and broker for Whitestone, Malba, Bayside, Douglaston, Flushing and College Point, New York home listings, property and land for sale - NUMBER1EXPERT

Nelly Andrushenko
Power Realty Inc.

148-29 Cross Island Parkway
Whitestone, NY, 11357.
718-747-0411
917-406-4922
Fax: 718-747-0504
Email: nelly@nellyshomes.com

Nelly Andrushenko started her career in Real Estate in 1989. After being affiliated with a number of prominent local Real Estate companies for many years, (Re/Max, Century 21, First Choice), Nelly in 2002 founded her own Real Estate company: Power Realty Inc, a boutique office located in the heart of Whitestone. She is constantly in search of knowledge and ways to perfect her customer service. Nelly's enthusiasm and dedication to helping people has brought her success and recognition as a Top Realtor in Northern Queens for over a decade. If you’ve been thinking of buying or selling a home in the near future, then call Nelly (718) 747-0411 or email her at nelly@nellyshomes.com and see what she can do for you.

Equal Housing MLS REALTOR SRES


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