Asheville Homes and LAND!- The Keep In Touch Blog

head_left_image

Seller do you have an environmental issue? fix it before listing your home for sale.

JENNIFER FIVELSDAL offers thoughtful advice in the following post. Jen posted the following which became a FEATURED POST at the ECO-ALL-STARS Group at Active Rain. " Sellers it makes perfect sense to fix your environment problem before listing your home for sale.  if you failed to do so. it will cost you," she advises. 

Please continue to read...

Seller Do you have an environmental issue? fix it before listing your home for sale

I ran into this issue twice in the last 2 months.  Sellers listing properties with potential environmental issues.

One of the major concern is a buried oil tank.  To properly abandon the tank you need paperwork showing that the work was done correctly.  Telling a buyer you filled it with sand, is not good enough.  What if there was a leak in the tank and the ground was contaminated?   Don't expect a buyer to take on this responsibility, cleanup can be extremely expensive.

What a buyer's agent need to keep in mind is that once the closing occurs the buyer will own the problem. Sellers and seller's agents you too are obligated to disclosure any issues you might be aware of.

It is also important to look at the history of the property.  If it was a farm at one time did the owner maintain his own gas pump? A very common practice in some rural communities.  Sometimes it is very obvious because there is a remnant of a pump.  A mixed use property should also have you asking questions too.  I have seen cases where the homeowner lived on the property but the property was also a place of business, you need to know what type of business.  Yes the history of a property can raise some  red flags.

It might be a good idea for homeowners with buried tanks  to review the Department of Environment and Conservation (DEC) Homeowner's Guide for underground heating oil tank

By the way in both cases my buyers walked, it was just too risky.  With that being said, if you have a buried tank that is not leaking that is an easy fix.

Sellers it makes perfect sense to fix your environment problem before listing your home for sale.  if you failed to do so. it will cost you.

 

Jennifer Fivelsdal - JFIVE HOMES REALTY LLC - 845-758-6842- jennifer@jfivehomes.com

www.jfivehomes.com or www.midhudsonhomevalue.com

|subscribe to Blog JFIVE HOMES REALTY LLC

 

 

True Guide to AGING IN PALACE eBooklet Becomes Amazon Best Seller

 
Your Home for Today and Tomorrow- Smart UP-Fitting
GO HERE - for Tips & Talking Points.
 Home Decorating, New Space Design

 

Aging in PaLACE eBooklet

 

"Helpful starting points for talking about and designing
a functional and BEAUTIFUL lifelong home."

 

Asheville NC Real Estate Journal for RESOPURCES & REFERRALS -Mountain Homes and Land Legacies- Asheville 1031 Realty© 2014.  Designations: NAR GREEN®, EcoBroker®, Eco Certified ®Real Estate Consultant, ePRO®. Unauthorized reproduction of any information including photos and graphics on this site is a violation of existing copyright laws.  All rights reserved.

he Necessary Disclaimer! We disclaim liability for damages or losses, direct or indirect that may result from use of or reliance on, information contained in the blog or for accuracy of comments or opinions of visitors to our blogs.

 

DAILY  ASHEVILLE AREA NEWS YOU CAN USE 


* INFORMED CHOICES* THOUGHTFUL ADVICE* DATA INTERPRETATION*
-Tell us what is most important to you-
 Email me janeAnne@janeAnne.com  or give a call at: 828-776-0779

LIC #:209970

Comments

This is a very good tip...why not  head off the inevitable problem?

Posted by Faith LaRosse, Realtor(R) (Springer Realty Group) almost 7 years ago

JaneAnne thanks for the re-blog.  It make perfect sense to take care of issues before listing .  Once buyers finds an issue they Start subtracting, therefore a seller will get less for the property in the long run.

Posted by Jennifer Fivelsdal, Mid Hudson Valley real estate connection ( JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571) almost 7 years ago

This blog does not allow anonymous comments