The housing market is hotter than ever. Many homes go under contract within hours of hitting the market, soliciting multiple offers, and selling for over listing price. It's a great time to sell a home! If you are in the market to buy a new-to-you home, you can be easily swept up in the frenzy of trying to secure your next home before someone else does. While some lenders require it, a septic system inspection may not be mandatory for your loan to close. If you're paying cash, it's even more important to follow through with a septic system inspection.
Requesting a septic system inspection prior to the purchase of your next home can save you thousands of dollars in unexpected repairs. Unless you're buying a brand new home, you have no idea what may be lurking beneath the back yard. The previous owners may have been vigilant with pumping out their septic tank every 3-5 years, or they may have never done it at all. Don't take anybody's word for it. Requesting the seller pay for the inspection can be part of your negotiations. It's a small fee the seller can pay in good faith to assure you that you won't be stuck with a costly repair! If the seller doesn't offer to pay for the septic system inspection, it is always worth it for you to do so anyway.
Septic system inspections will include both the septic tank and drain field. During the inspection process the tank will be pumped-out so that a septic system technician can inspect the tank itself. During the tank inspection the technician will be able to identify any areas of concern such as cracks or clogs. The drain field connections will also be checked for any degradation from wear and tear, tree root growth, etc. After the inspection is complete you will be able to review a report that will detail the findings of the inspection.
Septic tank repairs and/or replacements are one of the biggest costs homeowners will face during homeownership. Depending on the findings of the report you will be able to better determine whether the home purchase is still something you want to move forward with. If any repairs/replacements need to be made, this is the time to negotiate with the seller on the costs of repairs/replacement prior to closing. Knowledge is power in this situation and the more you know, the easier it will be to make an informed decision!