1) You request seller to make it code compliant prior to your closing or occupancy
2) You pay for it and possibly request a reduction in sales price to cover expenses and you bring it up to compliance prior to occupancy.
3) You negotiate somewhere in between.
Warmly, Kim (651) 457-HOME (4663)
So, what does it say in your purchase agreement? Or is this something you discovered as a result of your inspection? If it's the latter, then those are things that are negotiated between buyer and seller.
It also depends on whether or not it's a bank owned property. Most of the time, banks will not make any repairs to the property, so be prepared for a big, fat NO if that's the case. :)
I'm also wondering if the new drain field is a condition of property transfer in WI. If so, then the work HAS to be done or escrowed for and done in a timely fashion. What does your agent say???? Do you have someone representing you??
In this scenario the drain-field will come up with any other buyer who may consider the property, and septics do not really increase market value....buyers just expect them to be compliant. Therefore, you should have a good chance for getting the seller to pay for it, or most likely just reduce the purchase price and you take care of it. If the seller refuses you will need to decide if this home is worth the price and repair you are paying.