Search Listings

Wood Destroying Organisms Get Busted In Tallahassee

Many people would argue that the Tallahassee Board of REALTORS® Contract for Sale and Purchase is the best document of its type in use in the State of Florida. While many housing markets in Florida use a different contract for the purpose of selling real estate, ours if considered the cream of the crop (at least by us Tallahasseans!).

When looking at the contract used to buy and sell real estate in Tallahassee, one paragraph in particular demonstrates the effectiveness of the form versus all other rivals, and that is the paragraph dedicated to Wood Destroying Organisms (formerly called the "Termite" paragraph).

9 Properties

Sometimes we find that home buyers and home sellers are a little confused about how Wood Destroying Organisms (WDO) are handled when found in a home inspection, so I thought I would write about that and create a handy resource for as long as we continue to use the language in this real estate sales contract.

Two areas of the Tallahassee Board of REALTORS® Contract for Sale and Purchase reference Wood Destroying Organisms, and both need to utilized. The first is paragraph 5, and the next is paragraph 11.

Who Pays For Wood Destroying Organisms Inspection

Paragraph 5 (pictured below) shows who pays for the WDO inspection and how treatments will be handled. Note, this is very important:

Wood Destroying Organisms In Tallahassee

Please Do Us A Small Favor

We work very hard to produce daily content for our long-time readers and first-time visitors. We provide this information for free, hoping to earn your respect and trust and the right to one-day help you when selling or buying a home. Can we get your help spreading the word about our blog?

If you like the content, would you please like it or share it using the Facebook button at the beginning of the post? This simple action will be greatly appreciated! THANK YOU!

Please Like Us And Share On Facebook - Help us grow our brand!

Also like us on Facebook at https://www.facebook.com/joemanausarealestate/

Line 59. is used to identify the cost limitation of the inspection. This commits the seller to have the inspection performed, but only to the extent that meets the amount specified in the cost of the inspection. But line 60 is the culprit in most problems that stem from Wood Destroying Organisms.

Both home buyers and home sellers alike need to understand the importance of the contract paragraph pictured above. Each box should be "x'd" like you see, and the blank that I have circled should be left blank! Any amount put in that blank circumvents the super-effectiveness of Clause #11 (discussed below).

Often times, ignorant real estate sales people advise/allow the home seller to "limit their exposure" to wood destroying organism by placing a dollar amount in that blank. This is stupid! Let paragraph 11. handle this.

The home seller needs to understand that any buyer buying the home will expect the home to be clean and free of all infestation, so limiting this amount will rarely, if ever, actually save the seller any money. But I have seen it cause many a home seller to lose the buyer for their home.

Wood Destroying Organisms Inspection

The meat of this issue is handled in paragraph 11. of the Tallahassee Board of REALTORS® Contract for Sale and Purchase. The contract does an excellent job of defining roles and controls, and ultimately saves many a real estate contract from going void.

The first part of the Wood Destroying Organisms paragraph identifies what will be inspected, stating:

A Wood Destroying Organism (WDO) Inspection Report certified to BUYER and SELLER, will be performed within 30 days prior to Closing by a state licensed pest control firm showing all buildings on the premises except ________________________________________ to be visibly free of infestation and/or damage by termites, any wood destroying insects and/or wood destroying organisms (sometimes referred to, but not limited to, wood rot). Fences are excluded. Decks are included unless excepted above. SELLER will provide BUYER copies of all WDO Inspections within 5 days of SELLER’S receipt.

That means all buildings and things attached to the buildings will be inspected, while wood fences will not. Anything identified in the "blank" will also be excluded. Often times, wooden sheds in the back yard are excluded from a WDO guarantee by the seller.

Contract Controls For Wood Destroying Organism Treatment Costs

The Tallahassee Board of REALTORS® Contract for Sale and Purchase does an excellent job defining how the results of the WDO report will be received by both Buyer and Seller. When I teach this portion of the contract to my Tallahassee real estate agents, I tell them to remember the word "Control." Sub-paragraphs A through C define who has control of the decision making process after the WDO report has been received.

A . If report shows infestation and/or damage, SELLER shall treat the infestation and/or repair the damage up to the amount provided in Clause #5, or if none stipulated, up to 2% of purchase price; or

This means that the contract "controls" the WDO treatment, as both parties have agreed that if the cost to remedy the WDO damage is less than 2% of the purchase price of the home, the Buyer and Seller have already agreed that the Seller will pay for the treatment and repairs. The next part switches "control" from the contract to the Seller. If the repairs cost more than expected, but less than 3% of the purchase price, the Seller has the option to go ahead and treat and repair them, and the Buyer must close on the home. The key here is that if the Seller chooses to repair the problem, the Buyer has no say in the issue and the contract is still valid. But, if the Seller says "no" to the additional costs, "control" switches to the Buyer. The Buyer can decide to pay for the additional costs, or can choose to void the contract. Finally, if the costs are greater than 3%, "control" switches directly to Buyer first. Even if the Seller is willing to treat all repairs, Buyer can deem the contract void. Sometimes, home buyers just don't want to buy a home that has seen that much damage due to wood destroying organisms, and the contract gives them the right to do so.

B. If the amount required for treatment and/or repairs is in excess of amount provided in Clause #5, and SELLER agrees to remedy and/or repair, BUYER agrees to complete purchase. However, if the amount required for treatment and/or repairs is in excess of 3% of purchase price, and even if SELLER is willing to make treatment and/or repairs, BUYER may void Contract within 5 days of receipt of WDO report and repair estimate, by notifying SELLER, in writing, on the Tallahassee Board of REALTORS® Termination Form and BUYER will receive a refund of Deposit upon signing of the Termination Form.

Ultimately, the "control" issues are well handled by the contract. It clearly defines all points at which a decision is to be made and by whom it shall be made. It also specifies that Buyer can choose to buy the home regardless of what Seller is willing to do.

If the amount required for treatment and/or repairs is in excess of the amount provided and SELLER will not remedy and/or repair, BUYER will have the right to accept the Property without regard to infestation and/or damage with SELLER paying toward treatment and/or repairs up to amount provided in Clause #5; or BUYER may void Contract by notifying SELLER, in writing, on the Tallahassee Board of Realtors Termination Form and BUYER will receive a refund of Deposit upon signing of the Termination Form.

Real Estate Agent reveals in Tallahassee, Florida

Think all REALTORS are alike?

Read what people are saying about working with Joe Manausa Real Estate! You can see thousands of real customer reviews reported on Google, Facebook and Zillow at this link: CLICK HERE FOR REAL ESTATE AGENT REVIEWS.

I hope this helped clarify how we treat Wood Destroying Organisms in Tallahassee. If you have any horror stories, or even good, positive stories, please add them below in the comments section!

Happy Birthday Trent Manausa, Sr.!

If you happen to run into my Dad today, please wish him a happy birthday! Looking good for 73! (looking good for 63 for that matter).

 

HousingReporter On Twitter Is The Top Twitter Real Estate Broker

Please click here to tweet this to your friends!


subscribe-to-the-exclusive-tallahassee-real-estate-newsletter

As a reminder for those who subscribe to the Tallahassee Real Estate Blog by email, some embedded pictures and videos might not be appearing in your email and you might need to click the title header to go to your browser where all will be visible. Additionally, if you would like to respond (leave a comment) to this article, you will need to “click through” to the blog site to post your feedback.

Keep checking out the Tallahassee Real Estate Blog every day for updates on real estate in Tallahassee Florida.


*Joe Manausa Real Estate is a brokerage company headquartered in Tallahassee, Florida. Its unique business model provides specialists to both home sellers and home buyers, and the results speak for themselves. JMRE has significantly more 5-star reviews on google than any other local competitor. Joe Manausa Real Estate is a leader in internet marketing and utilizes search engine optimization, email marketing, social media and data analytics to get their clients’ home sold faster and for more money than any other Tallahassee brokerage firm. For more information, visit www.manausa.com or call us at (850) 366-8917.

Home Sales AdviceBuy A Short Sale 10 Critical Home Selling StepsCreative Financing Options For Home Buyers Provide feedback with a real estate survey

 

Your Local Expert In Tallahassee

Are you ready to go see a home in this oft-overlooked, amazing neighborhood? Do you have further questions on the Tallahassee real estate market? If so, you can leave a comment below, give us a call at (850) 366-8917, or drop us a note and we'll give you the local information needed to ensure a successful, smooth transaction.

As a local born and raised in Tallahassee with a focus on customer service, I promise you'll find great success when working with Joe Manausa Real Estate, just as have our past customers. You can read thousands of their reviews reported on Google, Facebook and Zillow right here: Real Estate Agent Reviews Tallahassee.

The digital marketing guide for small businessesHave you heard about my new book "The Business of Getting Business?" It's a comprehensive guide for small businesses to help them make the move to digital. For those of us who want to survive and thrive in a world where large corporations are taking over, it is a must-read. It's also the perfect guide for how to sell a home in the digital age. You can find it on Amazon (UK) for immediate delivery, or you can go to Amazon (US) to reserve a copy at a pre-US published rate.

Post a Comment

Blog Navigation

Posts By Category

All Categories Advice: Real Estate (495) Blogging Real Estate (187) Distressed Property (32) Foreclosures (4) Glossary of Real Estate Terms (33) Government and Real Estate (31) Homes For Sale (156) Housing Market Conditions (1265) Housing Report (54) Lis Pendens (4) Main (1018) Mortgage / Finance (74) New Construction (19) Off Topic (87) Our Listings (3) Our Sales (7) Real Estate Market Snapshot (26) Real Estate Opinion (3) REALTOR News (11) Tallahassee (90) Tallahassee Neighborhoods (632) Uncategorized (50)

Posts By Month

Blog Roll

Luxury Homes For Sale New Construction Homes For Sale Homes For Sale With Swimming Pools Homes For Sale On Acreage Homes For Sale In Golden Eagle Plantation Homes For Sale In Killearn Lakes Plantation Homes For Sale In Killearn Estates Homes For Sale In Southwood Homes For Sale In Killearn Acres Homes For Sale In Summerbrooke Homes For Sale In Piney Z Homes For Sale In Bull Run Homes For Sale In Betton Homes For Sale In The Ox Bottom Area

Tag Cloud

Grab Our RSS Feed

Tallahassee Home Searches

Contact Us

Joe Manausa Real Estate
1934 Dellwood Drive
Tallahassee, FL 32303
(850) 366-8917