Summit County Ohio is considering instituting a point of sale, specifically for well and septic.

I was curious about other real estate agents who have a point of sale in their area. Have you found this to be helpful or has it resulted in slower closings and/or has it resulted in deals that fell apart?

Give me your thoughts on this. Thank You!

 
Posted by Debra Wheeler on 05/01/2008 12:18 AM   Comments (5)  
Generate short URL

5 Comments on Point of Sale

MAY
01
2008
976,686 Points 60 Featured Posts Outside Blog Called Shot Master
Debra:  Sorry to be so unaware... but just what is a "point of sale ?"  I would love to comment, but am not sure what you mean.  Take care...
12:24am • #1
4 Featured Posts
Debra, I like Karen are not aware of the 'point of sale' terminology but we do have a well and septic requirement in Washtenaw County that sellers must produce a document stating that the well and septic are functioning in a manner acceptable by the county.  The requirements are stringent and I am glad of it - replacing well and septic can be extremely expensive and sometimes not doable at all - if there is arsenic in the well or the septic field will not perk, for instance.  It is the seller's responsibility, like any other maintenance they would have been expected to keep up on the property when they lived there.  The difference is that well and septic are health issues.
12:40am • #2

A point of sale inspection is an inspection by the county that is required prior to allowing the property to sell. Deficiencies or needs addressed by the county will need to be rectified within a certain timeline, generally before the transferred is allowed.

Regarding a well/septic inspection. A well inspection could pass but if the house is vacant, there could be a need for a well system shock even if it passed earlier at time of closing. I sold a house that passed the water inspection, then was delayed. The buyer agent wanted another inspection. I thought this was unnecessary and lo and behold if the house did not pass the second time!  :)

1:17am • #3
339,141 Points 52 Featured Posts Outside Blog

We have that in Macomb County also.  It's a pretty strict requirement:  Pass or no go without a large escrow held to cover any repairs and/or replacement of system.

Yes, it can add more time to the sale of the home, but in all honesty we need to do everything we can to protect our waters. 
6:10am • #4
MAY
07
2008
 Debra,

I would love to know the same thing.  They are considering implementing a point of sale ordinance here in Austin that would be focused on energy efficiency.  Our board is working on educating everyone so that it does not happen. Keep us posted and let us know if yours passes.
10:41am • #5


Captcha

Drag the tree to the circle on the side.

Image?id=40bb6de600356dee26f0fae774209ef516cb2073 Image?id=ad424cea920e7d7cc94c27d1438f3e41cb3e588e Image?id=568f955e54d589d1e6153f620a3fef13eb013664 Image?id=685878060073de900ad09aae56e328437bf5182d Image?id=1d2f312f04ba5348b27f6c05c3f3edef70f7eba8

Accessibility option: listen to a question and answer it!

Type below the answer to what you hear. Numbers or words, lowercase:
Leave a response…

(optional)
Captcha

Drag the envelope to the circle on the side.

Image?id=c3716297dd6318974c23bf6b78ca263e5a192736 Image?id=7726059509c3e200251c1929c3ab6412a6eb6444 Image?id=c313adaea8ceea25c33675d849b6fb724484e476 Image?id=1372c3e42d869688d5185292ef02dd79201994cb Image?id=da4d4c99072b94eb66406b08179f7d00013d3fce

Accessibility option: listen to a question and answer it!

Type below the answer to what you hear. Numbers or words, lowercase:
 
Debra Wheeler (RE/MAX Keystone Realty)

Debra Wheeler

Akron, OH

More about me…

RE/MAX Keystone Realty

Address: 3085 W. Market Street, Akron, Ohio, 44333

Office Phone: (330) 867-6587 x 12

Cell Phone: (330) 608-3083

Email Me



Links

Archives

RSS 2.0 Feed for this blog

Find OH real estate agents and Akron real estate on ActiveRain.