How Much Does a Water Well Inspection Cost?

Approximately 40 million people in the United States get their drinking water supply from domestic wells. A study conducted by the United States Geological Survey (USGS) found that the data supports what can be noted anecdotally, which is that wells are much more common in sparsely inhabited rural areas. Because city water isn’t available in these rural locations, households rely on private wells for their water needs.

If you’re buying a home that has a water well, inspecting the well will likely be a part of the purchasing process. It’s also important to regularly inspect your well in addition to your septic system if you have one.

How much does a water well inspection cost, though?

Let’s take a look at everything you need to know.

How Much Does a Water Well Inspection Cost?

The average cost of a well inspection in the United States is between $300 and $500. It is common in rural areas for homes to get their water supply from wells. These types of homes often process their wastewater using septic systems.

In order to ensure that the well and septic systems are operating properly, these regular inspections should be conducted.

Well inspection prices can vary depending on the types of water tests needed, local market conditions, and whether another related inspection is happening at the same time. Inspecting a well consists of checking the condition of your well equipment as well as testing the safety of your water supply.

During the inspection, the inspector will take samples of your water and send them away to be analyzed in a lab. It can cost an additional $100-$300 to have your water quality tested depending on how many tests are ordered and what type of tests are ordered.

It is common for septic tank inspectors to also be certified to inspect water wells. You might be able to save money if you combine your septic tank inspection and your well inspection. The average cost for these two services together averages between $400 and $650.

When you have your general home inspection, the inspector will do a visual inspection of the well. Sometimes, these inspectors can also offer testing of water quality. If you choose to have the services done at the same time it can help you save money.

When you have water quality testing done as a part of a home inspection, the average cost is between $369 and $546.

It is common for houses that have water wells to be located in rural and remote locations. For this reason, there might be an extra charge per mile for travel. This usually amounts to one dollar to two dollars per mile.

Buying a Home With a Well: What You Should Know

In some places, getting a well inspection as a part of a property changing hands might be required. These mandates vary at the municipal, county, and state level. If you are buying or selling a property, your real estate agent should know what the regulations are in your local area.

You can typically find a list of approved and certified inspectors at your local health department. The health department will need to review and approve the results after the inspection has been conducted. The home sale won’t be able to progress until this is done.

Your mortgage company also might require that your well and septic tank are inspected if you’re buying a home with a private well. Different lenders have different requirements in this regard.

If you’re wondering what you have to disclose when selling a house, check out this article.

Who Do You Call For a Water Well Inspection?

Well inspectors are professional inspectors that specialize in inspecting wells. These professionals don’t, however, conduct well repairs because doing so could create a conflict of interest.

It isn’t unheard of for septic tank inspectors to also have certifications in well inspection. It is common for both of these systems to coexist on a property, so you might find that the same person who inspects your septic tank can also inspect your well.

Water quality testing might be offered for free at your local health department. That’s also a good place to look for a list of local inspectors that are able to provide in-depth well inspections.

Are you wondering what you need to know about selling a house with termites? Check out this guide.

Inspecting a Well: What It Entails

There are two parts to well inspections. A well inspector will both examine the equipment of the well in addition to testing the quality of the water.

As far as inspecting the equipment goes, the inspector will take a look at the well’s condition as well as the parts of the well. This includes the pump, storage tank, casing, vents, and cap. A visual check of screens, gaskets, seals, and overflows will also be done.

They will also make sure that your system, the area around the well, and the source of the well are compliant and up to code.

Well inspectors will keep an eye out for common problems that can lead to health issues. This includes low-pressure levels, rust on the pressure tank, cloudy water in the well pipes, and faulty gauges.

For the water test, your well inspector will take well water samples after physically inspecting the well. They will then send the samples to a state-certified lab. Harmful bacteria and microbes will be tested for as well as contaminants, toxic substances, and levels of other substances.

A report of your water test results will be provided once the lab has analyzed your samples. You will also receive a report from the inspector about their evaluation of the system.

In some places, you will be required to give this information to your local health department for their approval. You will have to take corrective action if it isn’t approved so that the safety of your water supply is ensured.

Well Maintenance Tips

Staying on top of inspections and maintenance is important if you want to avoid costly repairs to your well. You will also want to have your water tested every year for at least the following:

  • Nitrates
  • Coliform bacteria
  • Dissolved solids
  • pH

You will also want to run quality tests in addition to annual testing when:

  • You replace well pipes, casing, or pumps
  • You build a new well
  • You notice an odd taste, smell, or staining
  • You have a young child living in the home or a new baby on the way
  • You’ve dug or drilled near the well
  • There’s been a fuel spill or chemical or leak nearby

There are a number of different possible opportunities for contamination that you’ll want to keep an eye out for. These include:

  • Chemicals stored near the well
  • Breaks in the well cap seal
  • Livestock pens or kennels near the well

There are a number of other guidelines you will want to follow to keep your well system functioning properly and safely. These are:

  • Clear plants from the wellhead
  • Make sure that the ground slopes away from the wellhead
  • Don’t dispose of waste in the well
  • Avoid using degreasers, pesticides, fertilizers, or any pollutants near your well
  • Don’t use harsh chemicals in your septic system
  • Pump and inspect your septic system regularly
  • After a flood or other natural disaster, be sure to consult local experts

The cost of repairing a well can vary greatly depending on the work that needs to be done. The cost of replacing a well pump typically is between $200 and $800. The cost of repairing a well pump usually costs between $337 and $1418.

One of the more costly repairs that can be done is replacing the storage tank. This can cost anywhere between $800 and $3,800. As you can see, it is well worth the time and money to maintain and inspect your well regularly. Otherwise, the repairs you could be faced with could be much more costly.

Is It Time For You to Sell Your Home?

The process of buying and selling a home can be time-consuming and stressful. All of a sudden you’re asking questions you never even thought of before, such as “how much does a water well inspection cost?”

If you’re buying a property in the country, there’s a good chance you’ll have a private well rather than municipal water services. Many people prefer having a private well, but it’s worth learning about these systems and the maintenance they require so that you can keep everything running in good working order.

When it comes time to sell your home, there’s a good chance you’re dreading the whole process. However, selling your house doesn’t have to be a big headache anymore when you sell to an iBuyer.

Are you curious about how much an iBuyer would offer to pay for your house in cash? If so, check out our home value estimator here!

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Mobile Home Values and Demand Rising Fast

The median value of mobile homes climbed by nearly 40% from 2014 to 2019—higher than the median value growth of single-family homes in that period.

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Heart-stopping moment massive shark chases surfers in Puerto Rico

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The Caribbean’s Newest Beach Resort Is Open In Bonaire

A major new beach resort has opened its doors on the Dutch Caribbean island of Bonaire, Caribbean Journal has confirmed. 

The new Time to Smile Chogogo Dive & Beach Resort Bonaire is the second property for the Chogogo brand, joining its existing resort in nearby Curacao. 

It welcomed its first-ever guests on Wednesday. 

Some beachfront rooms at the Chogogo.

The 201-room resort has a mix of studios, one-bedroom apartments, two-bedroom bungalows and three-bedroom bungalows. 

It’s instantly one of the most complete resorts in Bonaire: that means amenities including a beach; a bar and restaurant; on-shore diving and snorkeling; a pool and pool deck and, most notably, the only lazy river in Bonaire. 

caribbean beach resort bonaire

While the resort is still completing construction on a dive school, guests have access to a PADI dive center nearby. 

Dining concepts include an a la carte eatery called Sunset, along with a beach bar called Beach Bar Bari. 

caribbean beach resort bonaire

The Chogogo is set in the heart of one of Bonaire’s most popular west-coast areas, just outside downtown Kralendijk across the water from the island of Klein Bonaire. 

The original Chogogo resort is set on Curacao’s popular Jan Thiel Bay Area. 

The new Chogogo resort in Bonaire.

It’s the latest addition to a growing portfolio of new resorts in Bonaire, along with the island’s hottest resort, the Delfins Beach Resort, which opened before the pandemic (and is now expanding), and the soon-to-relaunch Sunset Beach Bonaire; the latter will add 160 more rooms to the island’s stock. 

Bonaire has also see a wave of new flights, including the relaunch of service from the Unite States on United and expanded flights from Miami on American Airlines.

For more, visit Chogogo

— CJ

The post The Caribbean’s Newest Beach Resort Is Open In Bonaire appeared first on Caribbean Journal.

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Who Pays for Title Insurance in Florida?

Buying a home is one of the most exciting things anyone can do. Not only are you upgrading from what you previously had, but you are now setting down roots. Once you find that ideal home in the neighborhood of your choosing, you start the homebuying process.

With fees on both the seller and homebuyer’s side, it is easy to get lost in all of the costs associated with selling or buying a home. Not to mention, there may be a chance that the home you want to buy or sell has a lien or a judgment against it.

That is where title insurance kicks in. It is a type of coverage that can benefit you and your lender. Now, just who pays for title insurance in Florida?

Why don’t you read this article to find out? In this brief Florida title insurance guide, we will cover who is responsible for the title insurance in Florida. We will also go over an alternative option available for you if you sell or buy a home. 

What Is Title Insurance?

Before we dive into who pays for title insurance in Florida, let’s get into what title insurance even is. Title insurance is a type of indemnity insurance put in place to protect the homebuyer and the lender.

There are two different types of title insurance, which we will get into later.

The main reason title insurance exists is to help prevent you from purchasing a home from someone who is not legally the owner of the house. The purpose of this insurance is to provide protection to ensure that you have protection from a financial loss due to a known or unknown circumstance. 

What Is a Title Search?

Whether you are the home seller or home buyer, you will have to undergo a title search. When you purchase a home, your lender will most likely request a title search for the home you wish to buy.

Most people assume that the home seller has legal rights to the house, but that is not always true. A title search will help you understand who the home’s legal owner is and if there are any liens or judgments against the house. 

Florida Title Insurance Tips

In Florida, a title company or an attorney will conduct the title search on your behalf. In some instances, the lender or the home buyer will take over the title search process.

If the homebuyer decides to take on the search, they will need to check out the records at the local county courthouse, county assessors office, or recorder’s office. It is best to let the professionals handle the search to avoid missing any critical information. 

Who Pays for Title Insurance in Florida?

In the state of Florida, the party responsible for purchasing title insurance depends on the county. Naturally, the seller will pay for the title insurance in most of the counties in Florida except for a few. 

Counties where the buyer pays for title insurance:

  • Collier County
  • Sarasota County
  • Broward County
  • Miami-Dade County

If you are in a county where you need to pay for the title insurance, make sure to reach out to the seller. You may be able to negotiate who pays for the title insurance. 

Florida Title Insurance, Who Pays?

As mentioned earlier, it depends on which county you live in when determining who pays for Florida title insurance. The type of title insurance purchased also determines who pays what.

For example, the owner’s title insurance protects the homebuyer’s equity in the home. If someone later tries to sue you about a claim made against the house before you purchased it, this insurance will protect you. The most common claims are from past due taxes or from contractors who did not receive payment for their work. 

Lender’s Title Insurance

Lender’s title insurance is the second type of title insurance available to purchase. This title insurance protects the lender’s interest in the money they loan. It is important to note that you review with the lender before you buy any type of title insurance. In Florida, the lender must approve the title agency. 

How to Pay For Title Insurance

Unlike your mortgage or homeowner’s insurance policy, you won’t have to pay your title insurance premium each month. You will pay for your title policy upfront, and the insurance is good as long as you or your family owns the home. 

How Much Is Title Insurance

The cost of title insurance depends on the price of your home. For example, the typical rate is around $5.75 per every thousand dollars up to $100,000.

If you are looking for million-dollar coverage, you can expect to pay approximately $5.00 for every thousand. The best part about the rates for the title insurance is that you won’t have to go shopping around for a better deal. The Florida Department of Financial Services regulates the title insurance companies, so fees will always stay consistent. 

Florida Title Insurance Advice

Did you know that there is an alternate way to sell your home instead of going the traditional route? If you want to, you have the option to sell your house to an iBuyer.

The best part about selling to an iBuyer is that they take care of the entire home buying and selling process on your behalf. You just get to look forward to receiving an all-cash offer on your home. 

What Is an iBuyer?

An iBuyer is a company with excellent financials and AI to generate and provide you with an all-cash offer. The “i” in iBuyer stands for an instant buyer. These companies utilize cutting-edge artificial intelligence to create that all-cash offer on your home. 

How to Sell to an iBuyer

If you decide that you want to sell your home to an iBuyer, just know there are only a few easy steps you need to take! Keep in mind that there are several different iBuyer companies throughout the United States.

There are some that operate at a national level and others that are smaller and more local to you. Make sure that you do your research on an iBuyer before you commit to any offers. It is also best to compare the different iBuyer companies to ensure that you receive the best terms and offers. 

1. Request an Offer From an iBuyer

Once you have found an iBuyer, you will need to send in a request. The iBuyer will need some information about your home, and they will also need your contact information. If your home meets their requirements, they will send you an offer within 48 hours.

2. Review the Offer

The iBuyer will provide you with an offer that shows your net proceeds. If there are any transaction fees or closing costs, they will include that in the offer.

Once you receive the offer, you have about five days to make your final decision. Keep in mind that the offer has no obligations. You have every right to deny the offer if you do not want to go through with the process. 

3. Accept the Offer

If you decide to accept the offer, the iBuyer will need to come to inspect the home. They want to ensure that your home does not require any significant repairs and that your home matches what you input in the application.

If there are any repairs needed, they will let you know as soon as they can after they finish inspecting the home. You won’t need to pay for these repairs out of pocket; the iBuyer will deduct the repair amount from your net proceeds. They will also handle those repairs when you move out of the home. 

4. Choose Your Closing Day

With repairs out of the way, you can go ahead and choose the day you want to close! Most iBuyers give you up to two months to close on the sale and move out.

If you want to move out sooner, that choice is yours! After you close on the home, you will receive a payment within a few days. If you are interested in buying a home while selling your home to the iBuyer, you can work with the iBuyer to do that for you.

Sell Your Home With Ease

Now that you know who pays for title insurance in Florida, it is time to hand that responsibility to someone else. Sure, you could have a real estate agent negotiate on your behalf about paying these fees, but if you want to sell your home quickly, you should consider an iBuyer.

Submit your address now if you are ready to take that next step and sell your house to an iBuyer with no obligations. We have iBuyers who operate in several different market areas, including the areas in the sunshine state of Florida!

The post Who Pays for Title Insurance in Florida? appeared first on iBuyer Blog.

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