Homeowner Information February 19, 2023
When purchasing a piece of property, it is important to be aware of any environmental liabilities associated with it. For example, you should find out if there are any registered underground tanks within several miles of the property, known contaminated properties in the neighborhood, or property owners who have been fined by the government for failing to meet environmental safety standards.
Before, it took a costly site investigation to acquire this type of information, but now there are online environmental databases available at a fraction of the cost. Anyone can access reports on otherwise hard-to-detect environmental issues. With these databases, it is possible to obtain a list of hazards near a property, or spills and violations attributed to businesses nearby.
Some reputable databases include VISTA Information Systems, located in San Diego, California, which allows you to register and search the data bank for free, and E Data Resources, which is located in Southport, Connecticut. These services are all relatively inexpensive but can provide you with priceless information that is useful before you make a purchase.
The most important attribute of an agent is that he/she is well connected to the real estate industry.
Buying and selling of mortgages and mortgage-backed securities is called mortgage banking.
Lead poisoning is a serious problem that can lead to adverse health problems.
If you understand your motives, you will be able to better negotiate and to get what it is that you want.
With the burst of the housing bubble and foreclosures, you may wonder if buying a home is still a good idea.
If your goal is principal reduction and saving money, then it is a good plan.
Discounts may also be available if you use the same lender for your refinance loan and your original loan.
Underground heating oil tanks can pose many potential problems to both home buyers and sellers.
For Sale By Owner is a way of selling your home without the use of a professional real estate agent.
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