we have a contract on a house that is approx 55 years old. We had previously noticed in the basement utility room a huge duct system with a fan on it, but just in that room, venting into the downstairs family room. When we questioned the current homeowner she told us it used to be used for cooling the walkout basement with the water from many springs on the property, but hasn't been used for many many years, perhaps as long as 30. We just assumed we would take the whole thing out (vent, motor, etc). So yesterday we had our inspection and the whole unit really freaked the inspector out. There is obviously a pit where the water is piped out of and he looked in there, he could see trickling water. There was a piece of wood screwed down and we didn't take that off. He is very concerned about having water in the house. My husband and I aren't so concerned. There is no evidence of flooding anywhere and it's been there since the house is built. Any information anyone could give us would be greatly appreciated.