RESOURCES
how can i help make your transaction easier?
These are some of the ways in which I provide value for my clients:
Sellers
Preparing your home for the market.
Buyers
What should you consider?
new construction
For when nothing else but new will do.
Service Providers
People I know and trust who will do a great job for you. They’ve got you covered!
Frequently Asked Questions
Answers to some questions that come up…
Buried Oil Tanks
Property owners bear the onus of any underground storage tank on their property. Even if your town does not have a requirement to remove buried oil tanks that are no longer in use, your buyer’s bank may stipulate any such tank be removed before the closing. The lender may deny giving them a mortgage if this condition is not met.
Why? If a buried oil tank is found to be leaking and the surrounding soil is contaminated, it can cost tens of thousands of dollars, if not more, to remediate the problem. Besides the proper removal of the tank(s) by a registered contractor, the soil has to be examined by a Connecticut certified laboratory, and, if found to be contaminated, disposed of properly. Cha-ching!
Useful links:
Closing Costs
Lead Paint
For any home built before 1978, there is a possibility that lead paint was used at some point. According to Wikipedia, “Lead is added to paint to accelerate drying, increase durability, maintain a fresh appearance, and resist moisture that causes corrosion.” I’ve also read that it was banned in Europe as early as 1909! Hmm!
Download information from the EPA to protect your family from the dangers of lead paint.
Lead Paint Booklet EPA January 2020
Inspections
The types of inspections you’ll need when buying a home are dependant on the particular property.
Here are some you may consider:
- General Building
- Engineer
- Pest
- Radon
- Septic
- Well
- Water
- Chimney
- and a professional to address whatever else may be of concern to you!
REMEMBER: The water and electric services need to remain connected through the closing so the buyer can see that everything is in working order. If there are any inspection issues that have been agreed to be addressed, this will be the time to check that all out. Some buyers hire their inspector to be present at the walk through for their professional opinion and as another set of eyes.
Septic Systems
The Walk Through
The walk through typically takes place the day before or the morning of the closing. It’s the time for the buyer to make sure everything in the home is as expected when they made the decision to purchase it. The home should contain all fixtures included in the contract, be in acceptable condition, and be broom clean
REMEMBER: Water, electric and gas (if applicable) services need to remain connected through the closing so the buyer can see everything is in working order. This will be the time to make sure any inspection issues that were agreed upon have been completed. Some buyers hire their home inspector to be present at the walk through for their professional opinion and as another set of eyes.
Well Water
More Questions???
I’ll be adding more topics but I’d love to answer your question too. Just let me know what’s on your mind and I’ll do my best to answer or guide you in the right direction.
This is by no means a comprehensive list. Individuals and properties are unique. Things change over time and sometimes rapidly (think COVID-19). Call for the latest information that may apply to your particular situation.
Why Marta
Let all of my real estate experience make yours better!
- Experience: 22+ Years
- Skill
- Care
What You Get
It’s not just the fiduciary responsibility…
- Compimentary Market Analysis for BOTH Buyers and Sellers
- Seller’s Easy Exit Listing – Cancel Anytime*
- Buyer’s Representation