Many banks and mortgage lenders in Pennsylvania require a wood-destroying insect inspection to check for termite damage, and damage done by other wood-destroying insects, before they will allow a closing on a property. Even if not required by your lender, a wood-destroying insect inspection is a good idea before buying any property, to help determine whether or not the property has experienced structural damage or is infested with pests. Homeowners may also request inspections of their home to find out whether or not wood-destroying insects are present and to take measures to prevent costly repairs later.