All Forum Posts by: Dennis Carter II
Dennis Carter II has started 2 posts and replied 2 times.
I am searching for a tax person to help with my taxes. Full time fix and flip plus we have a small farm.
We are located in Paris Tn
Post: No well on property, title insurance

- Posts 2
- Votes 1
I recently bought a flip house and upon starting on the house I was shocked when we had no water.
The neighbor of the property was sharing his well with the house, he and the deceased owner had a verbal agreement, nothing was filed.
Before I bought the house, I found a 3 inch pipe with a spicket and electrical wiring going to it. I figured it was the well and did not bother to check if it worked, i buy houses as is and dont mind replacing the pumps or piping if needed. I had purchased title insurance and they did not find anything regarding this. My question is would title insurance kick in regarding this issue?