Home Buyers & Sellers
Whether you are buying or selling a home—or both—you are
likely to have a thorough home inspection before you make any decisions. Most people are familiar with termites, lead paint
and wet basements. But what about “environmental hazards”?
The words themselves sound alarming. Simply stated, an environmental hazard
is a condition in the ground beneath or around a property that can impact the health of the family who lives there. Unlike
natural hazards, such as mud slides, earthquakes and fissures in the soil, environmental hazards are man made.
There
is a lot to be said for having the peace of mind that comes with knowing a property is free from any potential environmental
hazards. A check for such hazards protects your family’s health, as well as your investment. As a result, today there
is a growing demand by consumers for more in-depth information about environmental conditions in and around a home.
Get an Environmental Report
Developed exclusively for home buyers and sellers, the EDR Neighborhood
Environmental Report™ identifies potential environmental risks such as leaking underground tanks, landfills
and toxic waste sites on or near a property that may threaten a family’s health or the value of their investment. It
is generated from the largest collection of local, state and federal hazard records in the U.S. by the country’s most
trusted source of environmental risk information.
The EDR Report is delivered in an accurate, comprehensive, easy
to understand summary and is available to home buyers, home sellers, and homeowners through Pinnacle Home Inspections, LLC
The numbers
The most recent federal and state statistics have identified more than 75,000 hazardous
waste sites throughout the United States.
Statistics show 551,368 identified leaking underground storage tanks
and more than 1,000,000 specific locations at which discharges of hazardous substances have been reported.
What
you might find.
Contaminants from current or former industrial activity and landfills, or oil from leaking underground
storage tanks can seep into soil and groundwater and cause problems for nearby homeowners.
Often, housing developments
are built on land that was once used for other industrial or agricultural purposes. It’s important to take steps to
avoid the risks associated with you, your children, and your pets breathing in dust and vapors as well as playing and digging
in dirt that can hold contaminants for years.
Even beyond your own yard, there can be potential dangers –in
nearby areas that once may have been used for military or industrial purposes and still hold toxins that may make it unsafe
for children to play. Sometimes chemicals in the ground can travel through the soil as a vapor, contaminating indoor air.
Besides compromising your health, unchecked environmental hazards can drive down property values and stigmatize neighborhoods,
especially if stories make headlines in the local news. In extreme cases, home buyers may even be responsible for the cleanup
which can cost thousands of dollars.
What about when you’re selling a home?
A home
with a “clean” record is a valuable selling feature, particularly in a slower market. Providing environmental
information with the details of your home can add value when you have your next open house.
Interested home buyers
will take notice that your home has been checked for potential risks and having this information available to them could provide
an edge over other properties they are considering that may not have this information.
Even if an issue is present,
in most cases, it is easily solvable. And, buyers will appreciate having the information necessary to take the appropriate
steps to protect their family ahead of time.
In addition, providing an environmental report on your home and disclosing
any issues upfront could also afford you some liability protection should a problem arise after the sale is completed.
Will a report stop you from buying your dream home?
The good news is that in the majority of
cases, the property and neighborhood around it is clean. When an issue of concern is revealed, frequently it requires something
as simple as installing a water filter or a ventilation system in your basement. Your local EDR-certified home inspector is
trained to carefully walk you through the report’s findings and direct you to whatever resources you may need.
The choice is yours.
Environmental hazards can affect your health and lower the value of your home.
Protect your family and investment with an EDR Environmental Neighborhood Report.
Download a Sample EDR Report