Connecting You To The News

Tag Archives: United States

Buying a Repo’d Home? Check For Termites First!

Not to many years ago the termite inspection business was literally brought to its knees. Banks and real estate firms were no longer requiring the crucial termite inspections and homes were being sold regardless. Repo’d homes especially were a target of this new policy and unaware home buyers were seemingly happy to get rid of this hoop that only once was a big deal. Credit and loan approvals were so easy to get and the low priced repo home that could be flipped for huge profits on the surging markets seemed to be a good deal for everyone. Inexperienced investors risked savings and collateral to cash in on this new wave but were never aware of the hidden dangers that only a trained professional could detect but there was no stopping this perfect storm.