If you are buying a home in the Hamilton Market . There is currently a lead pipe replacement program. Details are on the city of hamilton web site. Now lead is new concern for older homes. It is my understanding if you have a shower in the morning and the water runs for five minutes your drinking water is safe. It is without argument good to replace any lead piping, this is a fact. However a more recent oversight is that of galvanized plumbing.
While there are some insurance companys that will provide insurance it will be 3 times the rate.
It is a good idea to have an insurance clause in the offer on older homes or at least extra time on the inspection clause to deal with any issues. Galvanized plumbing rusts from the inside out and cause pipes to break. Insurance providers have become much stickier on this issue in the last few weeks and this may become the new hot topic when buying an older home.
A good home inspector will look for these issues.
Carl
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Carl actively sells homes in Burlington, ON and surrounding areas. His business has grown on a solid network of family and friends. Please access www.carlstars.com for details.
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Carl.. This is some good information. I hope people in your area read this blog.
Thanks for your comment. Our buyers are very well informed with local media and the help of the Hamilton-burlington real estate board. Thanks fo ryour comment Valeria.