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.

Buyer/Seller myth #12-Termite Certificates
  Steve Houck ·   Buyer/ seller myth #12. "I don't have a thing to worry about, I got a termite certificate when I bought my house".
Guys, a termite certificate will probably say that you don't have termites or termite damage, as of now. If there are termites or previous termite damage, then it will need to be treated and fixed before you close on your home.
Now a termite certificate is no guarantee. It simply states that this is how it is today. If you get termites tomorrow, it's on you.
...If you happen to be lucky enough to buy a home with an outstanding termite bond (that is a warranty) you can renew it when it expires. Normally, it's $150- $200 to renew from year to year. It's a no-brainer. Do it! It's cheap insurance. Now, you will want to make sure that it is a "damage" warranty, that is that it will cover treatment as well as damage.
If you buy a new home, you get a termite bond. It starts when it is treated before the slab is poured and is good for 1 year from that date. They will come and do a perimeter treatment when ... more

__________________________________________________
Are you on The Rain? Grow Your Network!