Installing new water main
I have my first rental house under contract with earnest money in escrow. I have Been working hard to check off as many things as i can. One of my biggest concerns is the property is on a well / sand point. And city sewer. I contacted the city to ask what it would cost to add a water line to the home. They said they can only answer that to the homeowner. I then told them i have the property under contract with money in escrow during my inspection period, and i am trying to estimate out any major fixes. I have not heard back yet from the city utility office.
1. Can only the city put a water main in, or do i use a licensed plumber. If the city does could i have them put it on the property taxes and pay it off over a few years.
2. If i cant get a price or solution should I assume worst case for negotiation ? I could be drilling a new well thats upwards of 15k + any filtration needed to ensure water is safe to drink.
Contract is 30k
ARV is 50k
Inspection is this afternoon to figure out repair budget
Thank you