Buyer Beware — Bedbugs Can Squash Real Estate Property Deals

 

A medieval human scourge has returned to result in panic among home and property owners, home buyers and Realtors. Bedbugs have invaded every state within the United states and reports of infestations have increased exponentially nationwide over the past few years. Inside a national survey of pest management companies conducted by noted bedbug authority Michael Potter for Pest Management Professional, Potter found, «A whopping 91% of respondents reported their organizations had encountered bedbug infestations in the past two years. Only 37% said they encountered bedbugs greater than 5 years ago.»

Until some time ago, most pest control companies stated it was unusual to receive even 1 or 2 calls each year about bed bugs. Since 2004, however, bed bug complaints have raised exponentially with pest control companies nationwide now averaging between 10 and 50 calls every week. In leading metropolitan areas, some companies are fielding 100 or higher bed bug complaints every week. Some experts are predicting that 2008 would be the Year in the Bed Bug. Cindy Mannes, spokesperson for the National Pest Management Association, said bedbugs have grown to be a significant symptom in every state, noting, «There are many who call it the pest from the 21st century.»

These bugs are the same opportunity pest. Infestations have occurred across the nation within the tony co-ops in the rich and famous, in fashionable condominiums, in luxury apartments as well as in upscale suburban homes. As opposed to popular belief, bedbugs are not a result of filth or dirt. Like lice and fleas, bedbugs are creatures of convenience. An annoyance insect, they are not known to carry disease, but they could cause considerable discomfort, both mental and physical.

All but eradicated inside the Usa following World War II, the banning of powerful DDT-based pesticides, coupled with increased international travel, has brought regarding a nationwide resurgence from the annoying insect. Potter, an urban entomologist on the University of Kentucky, calls bed bugs the pre-eminent household pest in the Usa, on the par with cockroaches and rats. «This can be one serious issue,» he recently told the latest York Times. «This could be the pest from the modern day — no questions on it.»

bed bug exterminator

If you’re getting a house or looking for a new condo or apartment, choose to adopt to heart the existing adage Buyer Beware. You may well be moving into a house that has been invaded by bedbugs. Most states require home sellers to provide buyers having an accurate statement disclosing the property’s condition, including pest infestations. However, you will find loopholes that will function as a red flag to home buyers as well as their Realtors.

Most real estate disclosure statements are fairly broad and do not specifically inquire about bed bug infestations. If any pest disclosure is specified, it’s probably going to be termites. Because bedbugs haven’t been a problem in america for countless decades, few current state or municipal codes address them specifically. In lots of states, sellers can select not to fill in the disclosure statement and instead pay a penalty which can be credited for the buyer. For sellers using a bedbug problem, a several hundred dollar penalty may seem an acceptable price to make the sale.

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