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Can use a realtors point of view here. We just sold our house pending inspection. The radon test came back high so we agreed to put in a mitigation system but our agent has not heard from the buyers agent yet. We figure we need to do that anyway to sell the house whenever. From your experiences, what are the chances that the buyer will claim that the inspection is not satisfactory and void the contract vs accepting the mitagation?
In our area, buyers can't walk away from contract if you repair it to acceptable levels. It is not included in the cost of repair contigency. If the buyer specifically writes that if there is radon, they have the option to terminate contract-then yes there is a 50-50 chance. I think it depends what your contract states.
I agree 50-50. There are some words you hear like mold, arsenic, radon...that send shivers up buyer's backs.
Mold can be remediated, arsenic can be pulled from water via reverse osmosis, and radon can be reduced to acceptable levels. The problem it creates for buyers is the knowing...If I know that my well water has arsenic, I would be insanely paranoid that my reverse osmosis system would fail and I would be drinking arsenic. It would make living in the house uncomfortable for me.
Radon is the same way...people may be so worried that it is not taken care of correctly, or that the system won't work, that living in the house ends up being too stressful.
Our environment is filled with toxins...most people do better pretending they are not there.
It looks like we're going to be okay. We are still negotiating who will handle having the mitigation system put it (I am paying for it but I think he may want to hire the company). It's just technicalities so I am pretty hopeful that we're in the clear.
There is a lot of radon in our county in CT but it has only become a standard to test for it in home inspections in the last few years. We were shocked to find out about our high level. When we moved in 6 yrs ago it was not part of the inspection and I am so upset about that now.
It looks like we're going to be okay. We are still negotiating who will handle having the mitigation system put it (I am paying for it but I think he may want to hire the company). It's just technicalities so I am pretty hopeful that we're in the clear.
There is a lot of radon in our county in CT but it has only become a standard to test for it in home inspections in the last few years. We were shocked to find out about our high level. When we moved in 6 yrs ago it was not part of the inspection and I am so upset about that now.
I think them choosing the company is a good thing. It means they will have a "comfort" level with knowing it was taken care of property. From my perspective that is a good sign.
Radon is all over the United States, and it is still not common to test for it.
I know a seller who was shocked to find she had arsenic in her well water, and had been drinking it. I hear you.
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