Asked by Jb, Methuen, MA • Wed Jul 27, 2011
As a buyer, I recently paid for a title five inspection that failed. This was expected. Every company I talk to wants engineer design plans (I was told this costs thousands) before they can provide an estimate. Is this normal? I know I'm probably going to need to escrow 1.5 times the estimate in order to close, but I'm really not interested in paying thousands of dollars for design plans for something that may never close. Does anyone have experience with how a buyer can get estimates for septic replacement without comitting thousands of dollars up front? The seller and sellers bank will not contribute anything to this. Thanks.
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