I'm currently building a house and the contractor has asked me if I'm interested in sharing a well with a potential neighbor.
It's my first time having a well and I'm not sure if it's worth the headache of sharing a well for an upfront savings of about $2000 and splitting the cost of repair.
Furthermore, what happens if I keep pitching in monthly for the repair fund and it doesn't get used by the time I decide to sell the house? Do I get the unused money back?
Any information or suggestions would be greatly appreciated.
Thanks!
It's my first time having a well and I'm not sure if it's worth the headache of sharing a well for an upfront savings of about $2000 and splitting the cost of repair.
Furthermore, what happens if I keep pitching in monthly for the repair fund and it doesn't get used by the time I decide to sell the house? Do I get the unused money back?
Any information or suggestions would be greatly appreciated.
Thanks!