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Updated about 8 years ago on . Most recent reply

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Dave Chow
  • Investor
  • CA
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How to handle sewer line system issues

Dave Chow
  • Investor
  • CA
Posted

Hi BP members,

How would you handle a nice deal with house having potential sewer line issues?

We are buying a rental property seems to be a good deal. But its house with age of 75+ years. Our initial sewer line system inspection showed that there is at least on crack down the sewer line system. We are not sure if continue the deal: could ask the sellers fix one of them. But its very likely that the sellers will not agree with fixing all the issues. 

Another option is to continue the deal even though sewer line is having issues. But we could get some insurance to cover it. Those sewer line system insurance is cheap $10-25?MO. If something happens in the future, we could use the insurance to help.

Any suggestions would be really appreciated. 

Most Popular Reply

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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Mercer Island, WA
14,132
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22,059
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

If the sellers won't pay to fix it try offering to split the cost.  I would (and have) fixed lines in this situation as a seller.  Get multiple bids.  For whatever reason, I've found bids on sewer line replacement vary widely.  But I would fix it, even if its 100% out of pocket.  This is a source of unending tenant problems.

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