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Video instructions and help with filling out and completing Selling a house with a shared well

Instructions and Help about Selling a house with a shared well

So I'm here today with Francisco botella and Francisco called me about doing a shared well loan forum and it was a house that had more than four homes connected to it was actually his house he's a real estate agent as well Francisco tell me a little bit about our first conversation that we had well the first conversation we had I called Dave and I i called him because my lender was giving me a hard time about my loan with the well we actually have we had five properties on a well and at the last minute the lender he decided they couldn't get it done because of FHA guidelines and I call David because I saw his blog online and he had somebody that had the same issue that I had and so I you know I related to that and i called him up just to see if how he worked was kind of skeptical at first but I called him up on how he were your various get the ball first yeah I actually had him give me a couple referrals and stuff for people that he's worked with before and everything checked out really good so I decided to kill him the file and sure enough I mean he sounded really confident about getting it done that's what made me want to go with him I change the file over to him and it took about two weeks and I mean it was pretty smooth he got it done and I have my house now I've got the house my wife's happy everybody's happy yeah we're really happy with him and and the way that he he handled this is whole transaction thanks man you want to give a quick plug for yourself yeah maybe throw out your phone number oh yeah I mean I for real estate agent if if anybody's looking for a house I work pretty much in the west side give me a call my phone number 60 2769 29 65 and if you have one question whatever I'm sure to help you.

FAQ

Is it a good idea to share a well?
The Pros of a Shared Well Additionally, the ability to share the cost of Well or Well Pump Repair Expenses and other related expenses such as water testing can be quite attractive. Also, in some cases, a property may need to undergo significant modification just to allow drilling of a new well.
What are the disadvantages of a shared well?
The Cons of A Shared Well Any time we share a resource we are limiting the Control of the resource. Additionally, each well has a maximum flow of water it can yield, and if the flow rate may not be high enough to meet all the parties' intended uses such as domestic water use as well as irrigation.
What does a community well mean?
What Does It Mean When You Have A Community Well? It is defined by definition as a well that serves more than one home whether it is used for irrigation or residential purposes. It can also serve up to two or more houses, and if there are more than four, it can be classified as a community.
How does a shared well system work?
A shared well works by allowing two people to be in the same area. Local homeowners often share water from the same well with adjacent homeowners, most commonly referred to as shared wells. An agreement defining the rights and responsibilities regarding water comes under the name Shared Well Agreements.
What is the average lifespan of a water well?
The average lifespan for a well is 30 1350 years. 2. How deep is the well? Drilled wells typically go down 100 feet or more.
What does it mean to share a well?
By definition, a shared well is a well that services more than one home whether its for residential or irrigation purposes. They can service up to two or more homes, and if there were more than four, then it would be classified as a community well.
How much water can you use on a shared well?
wellcare® information on Sharing a Well o must be capable of providing at least three gallons per minute for existing wells and five gallons per minute for new construction over a continuous four-hour period.
How do shared wells work in Arizona?
Well share agreements are private contracts executed by private parties to govern the manner in which a well provides water to multiple properties. While Arizona water law governs how a well is to be drilled and located, it does not govern the operation or management of a well share agreement.
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