We're going to have a specialist inspect it and make our decision pending the results.
Thanks, everyone, for the advice!
it is not unusual for homes on Long Island to have a septic tank (cesspool)...I have one.
They do have a lifespan.
Are there any records indicating whether or not the cesspool was replaced at any time? Or if it has a runoff system? (Mine has two additional runoffs).
Sellers are legally responsible for leaks (roof/basement) and environmental issues. The rest of the house is sold "as is." Will you have to replace the cesspool at some time? Sooner or later, yes...if it has not been updated.
It is up to you to decide what the house is worth to you and hold to that figure...don't get emotionally tied into it; you will live with the mortgage payments for the next 30 years.
When buying a home with such a system upgrading it in the future should be part of the plan. Similar to buying an old house lacking all the modern conveniences.
Right now most markets are showing signs of picking up, and it has led to sellers being less negotiable when it comes to the price.
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