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Sales of single-family existing homes continue to recover from the impacts of the early months of COVID-19.  Maine Listings reports a sales jump of 12.43% in July 2020, when compared to July 2019.  Values rose 10.83% to a median sales price of $254,900, comparing July 2020 to July 2019. The MSP indicates that half of the homes were sold for more and half sold for less. Maine’s nation-leading low COVID-19 metrics and mortgage interest rates hovering at three percent and below, are contributing to very strong demand for residential real estate. The July statistics indicate pent-up demand from the initial drop-off impacts of the pandemic.

Purchasing a home is the largest investment most people will ever make. To help insure that this investment is protected from the unexpected cost of the replacement or repair of a septic system, it is important that the system be inspected by a trained septic system inspector. Why Should You Request a Septic System Inspection?  Replacement of a system can cost $12,000 or more. Such an expense for a new homeowner may be substantial. Once a malfunctioning system is detected by the local plumbing inspector it usually must be replaced immediately, since it is a violation of the Maine Subsurface Wastewater Disposal Rules and is a health hazard that can potentially contaminate nearby wells. For your protection it is important to determine if a system is malfunctioning prior to purchase. Without an inspection it is impossible to know what is the condition of the system. What Does a Septic System Consist of?  A septic system is an underground treatment system that takes care o...