What to Tell Clients About That Leaky Basement
Whether you’re working with a buyer or seller, it’s important to guide customers through steps to ensure the foundational soundness of a basement that tends to flood. To help you, NAR has compiled a list of action steps that both buyers and sellers can use to evaluate spaces prone to seepage.
What to Tell a Seller
- Consider conducting a prelisting inspection.
- Pay now—or pay more later.
- Check for cracks.
- Disclose, disclose, disclose.
- Don’t assume a wet basement is hopeless or wildly expensive to fix.
- Do it right—with permits.
- Toss damp rugs.
- Do not use automatic sprinkling systems that spray against the foundation.
What to Tell a Buyer
- Check out the “grading.”
- Ask the right questions.
- Pay close attention to “finished” basements.
- Talk to the inspector about moisture meters.
- Ask about warranties.
- Use more than one certified inspector.
- Learn about an area’s “water table.”
- Don’t assume the basement in a brand-new house is waterproof.
- Check out the quality of the sump pumps and battery backups.
- Get the sewer line inspected.
- Look at doors and windows upstairs.
- Take care of the gutters.
- Check underground drainage systems.
- Look at the roof.
Courtesy REALTOR® Magazine