Polyethylene Pipes/Loan Appraisal

[Rebel 3]

I am wanting to buy a house that has polybeutylene pipes. My mortgage person told me loan appraisers require the pipe to be replaced before closing. I am using a usda or conv loan. My realtor said this has never been an issue for her. I asked my mortgage person to double check. He then said "if" the appraiser requires it, then it would have to be replaced. Do loan appraisers generally require this? The seller is willing to pay for it at closing, but not before closing. This house is in GA.

 

[CANative]

http://polybutylene.whocanisue.com/

 

[Michigan CG]

I would venture to guess that 98% of appraisers don't know what polybeutylene pipes are or have ever seen them, and if they have, they don't know what the problem with them is. Maybe it is a common thing in Georgia? I know what they are but don't look for them.

Don't bring it up but take the owner up on replacing them after closing.

 

[CANative]

Well you should see Polybeutylene Pam
She's so good-looking but she looks like a man
Well you should see her in drag dressed in her Polybeutylene bag
Yes you should see Polybeutylene Pam.
Yeah yeah yeah

Get a dose of her in jackboots and kilt
She's killer-diller when she's dressed to the hilt
She's the kind of a girl that makes the "News of the World"
Yes you could say she was attractively built.
Yeah yeah yeah.

 

[Dan Umstead]

Well you should see Polybeutylene Pam
She's so good-looking but she looks like a man
Well you should see her in drag dressed in her Polybeutylene bag
Yes you should see Polybeutylene Pam.
Yeah yeah yeah

Get a dose of her in jackboots and kilt
She's killer-diller when she's dressed to the hilt
She's the kind of a girl that makes the "News of the World"
Yes you could say she was attractively built.
Yeah yeah yeah.

That is a strange response.

Can, is there something wrong with you? Have you fallen and can't get up?

 

[Workbox]

I bought a house with Polybeutylene. What you need to figure out is if house Phase 3 connection (if I am interpreting correctly) That basic means is that the connection are with copper connectors and copper rings. That is where the weakness usually is located and my purchased home was built in 1987. I have mine in the crawlspace and will be changing them with PEX piping.

I do not understand why the appraiser will require such repairs. Unless there is evidence of failure somewhere. I would contact a license plumber(s) for estimates and maybe negotiate the contract.

 

[Webbed Feet]

I bought a house with Polybeutylene.

That's amazing. The last time I bought a house I needed money.

What you need to figure out is if house Phase 3 connection (if I am interpreting correctly) That basic means is that the connection are with copper connectors and copper rings. That is where the weakness usually is located and my purchased home was built in 1987. I have mine in the crawlspace and will be changing them with PEX piping.

I do not understand why the appraiser will require such repairs. Unless there is evidence of failure somewhere. I would contact a license plumber(s) for estimates and maybe negotiate the contract.

Golly, I've never needed to get a license plumbed. Isn't it hard to hang one on the wall after that?

 

[Atlanta CG]

If it is observed, it is noted in the report and any areas of damage are examined for past or present leaks. Typically when verifying sales in the same neighborhood or area the buyer is asked if the pipes made a difference in the purchase, if they computed a price to replace all of it during their negotiations, or if it made a difference at all. Additionally agents selling in the neighborhood are a wealth of information regarding the influence of the poly in the home with buyers. Some homes simply do not have any problems with the piping. As an appraiser I would never call for its replacement but would do my due diligence as stated above to see what influence it has on the value or marketability of the property.