Monday, April 6, 2015

Selling your Ham Lake Home—What You NEED to Know about Septic Systems

So you plan to sell your Ham Lake acreage home soon. Whether you have one acre or 10, you have a private sewer or septic system to get rid of sewage. This will require a disclosure and quite possibly a compliance test. Do you know what these are? Even if you do not, make sure the REALTOR® you choose, does.

Surprisingly, not all Minnesota real estate agents are familiar with septic systems.  And the lack of knowledge can be costly to a seller. Living in area where private wells and sewage treatment is the norm, has given me the opportunity to work with these properties on a daily basis.  I put this knowledge to use to reduce headaches and surprises down the road in the sales process. 

As of today, Ham Lake does not require a point of sale inspection for septic when selling your home.  This means the city will not require you to have a compliance test on the septic. But it can be advantageous for a seller to consider having the test done prior to listing the home. Why? Because most buyers will make offers contingent on the inspection of the septic system.  If a seller has pre-inspected the system to ascertain it is in compliance, he can provide a copy to potential buyers thus avoiding a contingency being attached to the offer. Also if the system is found to be non-compliant, a seller may be required to upgrade the system. If the buyer has negotiated a sales price prior to the compliance test, he will not want to pay additional for the property even with a new septic. But if a seller pre-inspects and it is determined an upgrade is required, the home can often be sold for a higher price due to the new private sewage system.   

Have more questions about your selling your Ham Lake home? Let me be your professional guide. If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me, Teri Eckholm of Boardman Realty, a call or visit my website for a FREE Home Buyer Success Guide or FREE Home Value Report. I specialize in acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest Lake School District. Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota.

Copyright 2015