If a house is listed at a lower price because of a failed septic system, it could be a tremendous steal depending on the type of system that will need to be installed. The cost of installing a new septic in the same place as the old one usually ranges from $10,000 to $15,000, depending on the soil and the type of system that will be installed.
Who pays for septic system repairs: The buyer or the seller?
In most states, including Massachusetts, home sellers must pay for the cost of repairing the septic—or if it’s irreparable, you might be able to persuade the sellers to replace it entirely.
Septic systems and home improvements
If you’re planning a large remodel in a home with a septic system, one thing to know is that any major improvements would require the owner to hook up to the public sewer system first (assuming it’s available, of course). In this case, the condition of the septic tank isn’t a factor as it will no longer be in use.
The cost of connecting to the municipal sewer system falls to the buyer, and is far from cheap.
For more information, contact Morse Engineering and Construction.
Source: Realtor.com
