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braci

Guest
What is the name of your state? Illinois

We are selling a home by owner. A prospective buyer was looking at it, and said that he heard water running in the basement. We had nothing on outside, and no running water inside. We fear that we may have a leak in the line.

Legally, are we required to fix it? Or can we diclose, and potentially tell buyers that they can have it fixed? If it is a leak, it would do great harm to the yard to have it dug up.
 


HomeGuru

Senior Member
braci said:
What is the name of your state? Illinois

We are selling a home by owner. A prospective buyer was looking at it, and said that he heard water running in the basement. We had nothing on outside, and no running water inside. We fear that we may have a leak in the line.

Legally, are we required to fix it?

**A: no.
**********


Or can we diclose, and potentially tell buyers that they can have it fixed?

**A: yes, but what BUyer's in there right mind would buy the home with the unkowns ie. what is the problem, what is the cost to correct the problem, will there be other damages and repairs as a result of the fix etc.
***********

If it is a leak, it would do great harm to the yard to have it dug up.

**A: so what about the yard.
What about the wasted water, great harm to the home from water damage, wood rot and have you ever heard of toxic mold?
 

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