More Than A Real Estate Listing - Life Between The Walls

Here in Ipswich, MA as well as across the north shore, we have a high number of septic systems and Title V is commonly part of most real estate transactions. We make it a priority to be well-informed and current on all changes by having regular sessions with our board of health director and constant information sharing. There are many nuances to managing a transaction with a septic system and I highly recommend you hire an agent who truly understands Title V. Thank you to the Massachusetts Association of Realtors for sharing these important facts: 

Q. I am selling a home that has a failed Title 5 inspection. What are my seller’s options?

A. Aside from very limited circumstances, a property must have a passing Title 5 inspection within 2 years before a transfer takes place. An inspection is not required before a transfer in the following situations:

1.     Refinancing or any situation where no new parties are introduced;

2.     a transfer between spouses;

3.     a transfer between parents and child(ren);

4.     a transfer between full siblings; and

5.     where the property is held in a trust.

A property owner or buyer of a property with a failed inspection may also enter into an enforceable agreement with the Board of Health requiring them to upgrade the system or connect to the public sewer within 2 years following the transfer of title. If a property owner has entered into this type of agreement, they must disclose it to prospective buyers, and it must be binding on subsequent owners.

The most straightforward option available to sellers with a failed Title 5 inspection is to repair or replace the system prior to transfer. However, this may not be a viable option for all sellers because of the expense involved. In these situations, the seller and buyer may negotiate a resolution that satisfies both the requirements of the law as well as the financial well-being of all parties involved.

Team Windhill bowling for a great cause at Kings in Lynnfield. Our six strong bowlers Kathy Hughes, Tracey Berger, Aalin Hubbard, Nicole DiCarlo, Tim Lasquade and Shawn Cayer got a boost from Aalin with her strike streak and the entire Windhill Warrior team made the most noise at this sold-out evening! Sarah Winderlin, Andrea Della Valle, [...]

Time flies when you're working with someone like Andrea! Andrea presented herself with such excitement to be finally pursuing one of her dreams! And we sure are glad she picked Windhill!

Now that it's been a year, ask her what she loves about working at Windhill and she will tell you that the team environment, which she mentions frequently, is something she truly appreciates. Andrea has been knocking it out of the park in terms of business and more importantly, she's a joy to work with. Her clients adore her and so do we! Happy Anniversary Andrea! 

Get to know Andrea Della Valle! Stop by and say hello! She would love to see you!

Click here for the MBTA's alternate weekday and weekend commuter rail service plans for the North Shore. 

Have you seen Windhill Builders' latest project? Coming soon...Waterfront dreams at Peach's Point in Marblehead. Windhill Builders is very proud to be selected as the builder for this new and very exciting project!  The scope will entail renovating this turn-of-the-century, once seasonal home and making it into a year-round residence for its new owners. This major, whole-house renovation including mechanicals, siding, kitchen, baths and much more is sure to be a remarkable transformation. Peach's Point, also known as Peaches Point, holds some fascinating history. The Fourth of July celebrations, tea parties and croquet tournaments where President Taft once summered are easy to conjure. Pam Peterson of Wicked Local penned a great "Marblehead 101" article. Marblehead Magazine also published a very in-depth look into the Peach family as one of the founding families of Marblehead. Follow the project and watch the transformation on the Windhill Builders Facebook Page. View our portfolio at www.WindhillBuilders.com.