Thursday, 14 October 2010 12:32
Q: The property I am purchasing has a septic tank. Will it need to be inspected?
A: Several government programs, such as USDA and VA, require a septic inspection when purchasing. Additionally our company now requires a septic inspection if the property has been vacant for an extended amount of time. For all reasons, it is to protect both the new buyer and us a lender. Neither would want a problem to arise shortly after closing that could have been taken care of by the seller prior to transferring title. Typically the cost of an inspection is $200 - $300.