Congratulations on securing a contract for that special place you will soon call home. The next step will be inspections. Depending on where your home is located, you may have either a city water and sewer system, or a septic tank and water well, or a combination of city water and septic, nonetheless, there are some things that should not be overlooked during an inspection.
An important thing to remember is that the cost of inspections is never refunded in the event a buyer decides to terminate the contract during the option period. These costs are paid to third party service providers that are not a party to the transaction and are recommended for the buyer's full knowledge of the property's condition, not considered a part of the seller's disclosure.
Most buyers concern themselves with the cost of structural and termite inspections. However, one should take caution in preparing for the cost of an inspection of a property that has a water well, septic tank, or both.
To properly inspect a septic tank, it must be pumped so that the inspection company can view the tank and view its condition and inspect for any roots, sludge, etc. There may be separate costs involved for this inspection such as the inspection fee, a pumping fee, and a per hour fee (for anytime over the set expected time frame to pump the tank). The upside to having the septic tank pumped is that it will be a few years before you have to have it pumped again and you will have good record of the maintenance history from day one.
It is always best to have an idea as to the location of the septic tank; a plat or survey should pinpoint the location if the lids are not visible. If it is not known the septic company may be able to locate them, but time is money and you should have them spend the time they allot with their base price pumping the tank and inspecting it.
Have questions? Don't be afraid to ask them. Often times, they can provide you with great resources of information regarding maintenance and care of your septic tank... who better to ask about septic tanks than the companies who install them?
its good to know more about real investing before buying.
An important thing to remember is that the cost of inspections is never refunded in the event a buyer decides to terminate the contract during the option period. These costs are paid to third party service providers that are not a party to the transaction and are recommended for the buyer's full knowledge of the property's condition, not considered a part of the seller's disclosure.
Most buyers concern themselves with the cost of structural and termite inspections. However, one should take caution in preparing for the cost of an inspection of a property that has a water well, septic tank, or both.
To properly inspect a septic tank, it must be pumped so that the inspection company can view the tank and view its condition and inspect for any roots, sludge, etc. There may be separate costs involved for this inspection such as the inspection fee, a pumping fee, and a per hour fee (for anytime over the set expected time frame to pump the tank). The upside to having the septic tank pumped is that it will be a few years before you have to have it pumped again and you will have good record of the maintenance history from day one.
It is always best to have an idea as to the location of the septic tank; a plat or survey should pinpoint the location if the lids are not visible. If it is not known the septic company may be able to locate them, but time is money and you should have them spend the time they allot with their base price pumping the tank and inspecting it.
Have questions? Don't be afraid to ask them. Often times, they can provide you with great resources of information regarding maintenance and care of your septic tank... who better to ask about septic tanks than the companies who install them?
its good to know more about real investing before buying.
Liz Voss writes articles for San Antonio Realtors. Other articles written by the author related to San Antonio Texas real estate and San Antonio Homes for sale can be found on the net. Article Source: http://EzineArticles.com/?expert=Liz_Voss |