Creative Solutions to Transaction Barriers: Private Sewer Systems
Many rural properties have unique issues and barriers to purchase. One of the more significant barriers are that they often are not connected to a central sewer system. Therefore, many times, the private system that is in service must be "certified" by a local governing authority. And in many jurisdictions, if the system is not in compliance, the sale cannot move forward until the private sewer system is in compliance.
Well, if the property is being offered by a bank (post-foreclosure), they rarely will make any changes or financial commitments - and that includes certifying or updating private sewer systems to allow the sale to go forward.
Well, as Shiela found (follow link below) while representing a buyer in this predicament, she looked to the governing authority. Turns out they had a creative solution for just this situation. Click below to find out more...--> http://central-minnesota-real-estate.blogspot.com/
Jesse Hopkins-Hoel
http://www.I-94Homes.com/team
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