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  Welcome to Northwest Arkansas! No longer one of the country's best-kept secrets, the region has become known for it booming businesses and fast-growing economy. Home to Fourtune 500 companies and several retail, food and transportation tycoons, Northwest Arkansas has seen an abundance of new developments and redevelopment projects in historic downtowns. Residents of the Northwest Arkansas metropolian area, including Fayetteville, Springdale, Rogers and Bentonville, enjoy a low cost of living and an increasing job growth rate making it an attractive place to relocate. One of the fastest growing regions in the country, Northwest Arkansas is perennially ranked in the Top 10 metroplitan areas in the United States by the prestigious Milken Institute and Forbes calls our region one of the nation's best 10 places for business and careers. Request my Free Fayetteville, Springdale and Rogers Relocation Package. It's packed full of useful and important information about the Fayetteville, Springdale and Rogers, Arkansas area. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out... It's my job to know EVERYTHING about Fayetteville, Springdale, Rogers and Bentonville! Ask me any question. Or request a FREE information package. There's no obligation, and I promise to get back to you quickly...
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Most home purchase agreements have clauses that deal with termites. After the agreement is ratified, a termite inspection is arranged. Before the closing can occur, the sellers must be able to produce papers signed by a licensed exterminator stating that the house is free of infestation and that any termite damage has been repaired.
Before you sign an agreement to buy or sell a home, you should read the termite clause and be sure that you understand it. Who selects the exterminator and pays for the inspection? If bugs are found, who pays for the treatment? Are the sellers obligated to repair any damage and have they placed a limit of the dollar amount they will spend on those repairs? If treatment is required, the buyers may want a chance to discuss the options with the pest control company, especially if someone in the family is sensitive to the chemicals used to control the termites. Ask about the exterminator's guarantees or service contract options.
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Who is "Fannie Mae" and why is she a big name in real estate?
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| A |
"Fannie Mae" is the real estate industry nickname for FNMA, or Federal National Mortgage Association, the stockholder-owned corporation that purchases mortgages from mortgage lenders. |
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