If you’re buying or selling a home in New York City and your lender is asking for a termite inspection, what they actually need is a formal WDI report — a standardized document completed by a licensed pest control operator that distinguishes between active infestation, inactive evidence, and no findings. General home inspectors cannot produce this report. It must come from a NYS DEC-certified applicator.
We issue WDI reports and Mortgage Clearance Certificates accepted by VA, FHA, HUD, and conventional lenders. In New York City’s real estate market, where median asking prices in neighborhoods like Ridgewood, Queens reached $1.295 million in 2024, a delayed or incomplete termite report can derail a closing entirely. We understand those timelines. We’ve been working with NYC real estate attorneys and brokers for over 50 years, and same-day inspections are frequently available when a closing is on the line.
Standard homeowners insurance — HO-3 and HO-6 policies — does not cover termite damage. It’s classified as a maintenance issue, which means every dollar of repair is out of pocket. The average repair runs $3,000 to $3,300. Severe structural damage can exceed $15,000. Getting a proper termite damage assessment in New York City before a transaction closes is the only financial protection available to buyers.