Personally I would attempt speaking with the listing agent and test the waters.

It was built in 1952, roof is approx 15 years old, 3 older AC units, 2 older Hot Water heaters, 4 Gas furnaces appear to have 20+ years on them, electric is all up to date, appliances seem almost new.Owner has owned the property for 11 years and wants to completely get out of real estate (its his only property).

BUT to replace the main shut off, the water company would have to turn the water off at the street.

Basically when a small drop hits a large pond of water it has a very small blip.

A bill revising the Biggert-Maxine Waters Flood insurance increase has passed the US House and is expected to pass the US senate shortly.

Agreed and thanks for reminding me about the utilities and water.

Sometimes the improvements we are making to the building are not a tangible item the resident sees, such as new shingles, replacing the boiler/water heater, or fixing sewer lines.

It's a small apartment with no radon issues or any major water penetration, etc.

She did ............... 2 years later the house is STILL bank owned , now there is a hole in the roof , the AC unit is gone , and the basement has a foot of water in it ( can see that thru the broken basement window) probably molded out now .Keep looking ......

It's their water bill.