Cure For Eczema

At present, there is no known cure for eczema. While between ten and twenty percent of all babies in ... - Josh Riverside

Interest Only Mortgages ? FSA Introduces New Regulations

First time buyers often choose the interest only mortgage, attracted to the lower monthly payments. ... - Michael Challiner

Credit Card Counseling Services Or Bankruptcy?

If you have credit card debt you have two important options- enlisting the aid of credit card counse ... - Tiffany Walker

A Few Points about Interest Rates

Pointers about interest rates.What affects interest rates? - John H Brown

The New Vantage Credit Score - (Their "Ad"Vantage or Ours?)

Is the New Vantage Credit Score really intended to help consumers or the Big Three Credit Bureaus? L ... - Robert Tenorio

Main Page » Finance & Investment » Personal Finance

What You Don't Know May Hurt You...And Your Wallet

When it comes to buying or selling a home, conducting the proper research and "due diligence" is essential before making any purchase decisions. Homebuyers will research all sorts of factors related to a property such as details about the surrounding neighborhood, the quality of the school system or the local crime rate. However, many often overlook one of the most critical elements of due diligence that can have the greatest impact on the quality of the investment: the risk of environmental contamination.

According to the nation's leading provider of environmental information reports, Environmental Data Resources (EDR), one of the most important considerations when buying or selling a home should be the environmental risks associated with the property and its surrounding area.

Issues such as whether the home is in close proximity to a leaking underground storage tank or old landfill, next door to a hazardous waste site or perhaps even a clandestine "meth" drug laboratory-are equally as important for one's financial and physical well-being as knowing if the home is structurally sound and in a safe neighborhood. Contaminants on or near a property not only pose serious health consequences for you and your family, but can have a serious impact on the value of a property as well.

In commercial real estate, environmental due diligence has been a standard practice for nearly 20 years. Commercial real estate professionals use environmental information reports to better understand the environmental risks associated with a property and increasingly residential real estate buyers, sellers and professionals are doing the same.

Environmental information reports provide important information on known and potential contamination that exists on a property or in the surrounding neighborhood. Today, homebuyers, sellers and agents are utilizing residential environmental information reports to find out the "health" of a particular property or neighborhood and ensure a wise investment. Because contamination is often the result of long past activities and usually shows no visible signs of the dangers it poses to residents through toxic air, water or soil, professionally prepared environmental risk reports usually provide the only way to screen for these types of issues.

So, how can you make sure you're not missing this step in the "due diligence" process?

? Ask the real estate agent. Real estate agents often have access to environmental risk reports and data.

? Seek help from a qualified professional home inspector. Home inspectors are increasingly offering environmental information reports. For example, all Pillar to Post home inspectors now offer the EDR Neighborhood Environmental Report?-visit www.pillartopost.com to find an inspector.

? Search government records on your own. Federal and local government agencies, such as the EPA, keep records of environmental contamination.

Author: Stacey Moore

Author Bio:

Products that earn the ENERGY STAR prevent greenhouse gas emissions by meeting strict energy efficiency guidelines set by the U.S. EPA and DOE. For more information about ENERGY STAR, visit www.energystar.gov. Using energy efficiently at home can be as easy as changing a light bulb.

This article can be searched using: personal loans, personal finance, bad credit personal loans, unsecured personal loans

Over-your-head in Debt

Hotel Rewards Credit Card

Zero Down Mortgage Loans for First Time Home Buyers?

Second Mortgage Explained

Explained: The Four Basic Types Of Car Insurance Features

I Can't Pay My Loan - Student Guidelines for Recovery

Credit Card Debt

Get A Low Cost Secured Loan Hassle Free

Finding Cheap Online Auto Insurance

College Credit Cards Help Smooth Out Credit Wrinkles



Tour & Travel

Self Healing

Fashion & Relationships

Realty & Property

Culture & Art

Automobiles

Fitness & Health

Online & Indoor Games

Software & Networking

Recreation & Entertainment

Shopping Online

Healthcare & Medicine

Careers & Employment

Sports

Business & Commerce

Events & News

Children

Finance & Investment

Government & Politics

Eating & Drinking

Garden & Home

Education & Reference

Science & Research

Society & Communities

Main Page -> Privacy Policy -> Terms & Conditions

What You Don't Know May Hurt You...And Your Wallet

Related Articles