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Mortgage approval for property with a basement well

I'm trying to sell a small property I own in northern WI. It has a basement well (new basement well installs have been banned in the state since 1953, although anything installed before that is considered grandfathered in). I have an accepted offer, but the buyers mortgage company won't approve unless I put a new well in (or credit the buyer for it so they can do it in spring). They are trying to get a conventional loan.

Is this something every mortgage place is going to require? Does anyone have experience buying/selling a property with a basement well? This is going to cost me a small fortune to replace a well that is fully functional.

Thanks!

submitted by /u/theaddison
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source https://www.reddit.com/r/RealEstate/comments/z122fr/mortgage_approval_for_property_with_a_basement/
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