The word "dryrot" is a bit of an oxymoron, in fact it doesn't make any sense at all because it is a result of wet... so you would think it would be called, "wetrot".
Hmmm, so what is dryrot anyway? Dryrot is the result of moisture seeping into wood over a long period of time. Quite often it is seen at the end of eaves which are poorly covered by the roof, or flashed incorrectly. It is also seen under houses where plumbing leaks have seeped through the floors to the substructure of the house. Basically it can be found in any wood exposed to moisture over a long period.
Dryrot can compromise the strength of your house as it makes the wood "spongy" and weak. When preparing your home for sale, it may be a good idea to have your home "pre-inspected" by a qualified professional inspector to identify any dryrot and other "surprises" that might be lurking about.
Dryrotted wood can be repaired by your licensed contractor, so be of good cheer.
Happy Selling! Keith Berne RE/MAX Equity Group, Broker, GRI, 503-495-5238

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