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.
Eden, thank you very much for all your hard work in helping us sell our home! It ended up being a longer process than planned due to other circumstances and we appreciate you stepping in and guiding us as to what to do next. You made a difficult situation much more tolerable. Your knowledge of all aspects of selling and/or buying a home are excellent. Thank you for your honesty and loyalty throughout the process. I would highly recommend you to help anyone sell or buy their home!April Chase