An inspector will thoroughly investigate a structure for signs of termites like wood damage or termite tubes. They will file a report within 5-7 days recommending treatments and estimating costs. Termite estimates can vary significantly so homeowners should not rush their decision and rule out companies without inspecting the property first. A standard pest inspection costs between $75-$500 depending on the property size. Buyers typically pay for the initial inspection as part of closing costs while sellers pay for any necessary treatments.