Investor · Columbia, SC · Member since 2016 · 3 posts · 0 votes
Hello BP family,
My wife and I are under contract on an investment property and the radon inspection came back with an avg of 3.3 with a max of EPA 4.0. After reviewing all the readings, we have some readings showing .7 min with a max of 5.2. Have any of you guys had any thoughts on next steps with the seller? The numbers on the property are really good but the radon scares me.
Investor · Philadelphia, PA · Member since 2016 · 2k+ posts · 1k+ votes
6y
@Brent Whitesides no problem at all.
Under 4.0, I wouldn’t even worry about it. There’s a whole lot of conflicting info out there about radon. If it was especially high, I would mitigate, but you’re below the EPA standard, so you’re good.
BUT, even if you wanted/needed to install a mitigation system, it should be in the $800-$1500 range. Which shouldn’t be a dealbreaker. You could also go back to the seller to pay for or at least split the cost.
Real Estate Agent · Allentown, NJ · Member since 2014 · 39 posts · 44 votes
6y
What does your sales contract say? In NJ anything over 4 is open for negotiation and you can ask seller to pay. If you can get seller to pay, that's great. But I wouldn't let it be a deal killer. Mitigation is relatively cheap to do (Under $2,000 in NJ, probably cheaper where you are) and it's a simple job for most homes. Take a ride around the neighborhood and see if there radon fans installed in other homes. Look for a big white fan sticking out of the side of house with white PVC pipe running up the side of the house.