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Active Termites Found During Inspection

First time homebuyer here, we put an offer in on a house we really like. It's newly renovated with a new roof, kitchen, and interior. Everything looks perfect except the inspector found active termites in the house and some damage in the floor and attic that he says should be replaced. We've confronted the owner/contractor and he claims he thought the boards weren't that badly damaged but also didn't disclose the termite damage to begin with.

We can ask the contractor to repair everything and get the house treated but if damage has been found below the house and the attic, is it safe to assume they're everywhere? We are leaning towards backing out the deal but is this something that can be fixed completely or are we overreacting? Our goal is to keep this house as a rental in the future.

submitted by /u/btulli2
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source https://www.reddit.com/r/RealEstate/comments/e3g2cz/active_termites_found_during_inspection/
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