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The simple answer is that, yes, you can sell your home with a failed septic systemunless you're forbidden by local law. Most often, though, the roadblock isn't legal but rather financial. Home buyers rely on financing to close on a home, but many lenders won't approve a loan for a house with a failed septic system.
Most projects associated with sewage collection, treatment or disposal are eligible for financing, including correction of inflow/infiltration problems, sludge management and combined sewer overflows. Proper wastewater treatment ensures valuable water resources remain clean and usable.
As a result, more older systems fail inspection than in the past, according to several North Jersey real estate agents. The issue often comes up during a sale because home buyers are generally advised by attorneys and real estate agents to get the systems inspected, at a cost of around $400 to $450.
As the owner of the septic system, you are the legally responsible party to upgrade a failing system. NJ septic inspections are generally good for about two years, so sellers typically never have to worry about an inspection expiring.
Although the new rules establish a protocol for inspecting septic systems during property transfer, they do not mandate its use or require an upgrade to a system as a result of the inspection.
The DEP recommends the average septic system be inspected and pumped every three to five years by an industry professional.
In general, replacing an existing septic tank (in the same spot) runs about $10,000 $15,000, depending on the tank size and location. If you're getting a whole new system, you should expect to pay between $35,000 and $60,000, including the construction costs, engineering costs, and surveying costs.
While every situation is different, you can safely assume that it will take anywhere from six weeks to two months for a total septic system install, just to be on the safe side.
As a result, more older systems fail inspection than in the past, according to several North Jersey real estate agents. The issue often comes up during a sale because home buyers are generally advised by attorneys and real estate agents to get the systems inspected, at a cost of around $400 to $450.
The authorized installer shall be in possession of all necessary permits, approvals and licenses before attempting any portion of an installation.