The bank won't let you close on a house that has been determined to have a termite problem and YOU certainly shouldn't be the person paying to have the problem fixed.
I don't know how much it costs to treat an existing termite problem, we had our house treated with Termidor about 5 years ago. We didn't have a problem, just a preventative thing, but it cost about $500 and then we pay $85/year every year for an inspection from the pest control company. As long as we have it inspected annually by them, if any problems ever do arise, they are financially responsible for taking care of it.
at 11:35 AM on Sep. 30, 2010