The joy of finding a new home brings many smiles, giggles, and ecstatic plans for paint, carpet, and where to put the furniture. Some are so giddy with anticipation that they do not consider the ramifications of buying a house with termite damage. Others immediately put on the brakes as their home ownership dreams are dashed. Which is the better option? The answer depends on how badly you want this particular home, the requirements of your lender, and the seller’s…