"The septic system has failed." Words that can strike fear in a homeowner or potential buyer. The cost of completely replacing a septic system can run $8,000 or more. Certainly not a welcome expense and usually very unexpected.
If you're a buyer who has finally found the property you want to purchase, it could even threaten to break the deal. It doesn't need to.
There is help!
Cape Cod residents of Barnstable County can apply for financial help with a 5% interest rate betterment loan through the Community Septic Management Program. The loans are repayable over 20 years and cover all costs directly associated with the septic system upgrade.
For more information on the Community Septic Management Program and to download an application, please click here.
