Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Are Termite Bonds Worth the Money?

In 2005 and 2006 I bought three homes in Alabama. Coming from the Denver Desert, I'd had no experience with termites (or fleas, for that matter, but today we're talking about termites) - so when one of the homes I bought featured a "termite bond" I was unimpressed. The other two homes did not have that particular feature, so I didn't think much about it.
The following year I got a bill to renew my termite bond, and I did. Ditto every year after that, although every year I debated whether it was a good use of my $220. I asked a few local real estate agents for their opinions, and from their vague responses I got the impression they really didn't know either whether or not the Bond was worth the ongoing investment.
So, I'm asking my Active Rain friends... is a Termite Bond something I should be proud of, excited about and happy to pay for every year? Or is it just a bit of a scam designed to scare me out of $220 every March?
Thanks for your thoughts!
 
 
... more

__________________________________________________
Are you on The Rain? Grow Your Network!