8 January 2017 | 23 replies
Secondly, make sure you get an inspection before you are locked in as I have walked away from houses that had extreme repair costs for specific items (10k and more per issue) due to: Failing septic system, mold remediation, methamphetamine contamination, dry rot.
21 February 2017 | 8 replies
The levels are fairly high levels but based on the environmental consultant probably did not include manufacturing just contamination from heavy use via smoking.
27 April 2018 | 11 replies
I had the lack of a backflow preventer come up on an inspection report recently for a single family residence- I admit I'd never heard of such a thing, but it keeps potentially contaminated water from outside from siphoning back into the domestic plumbing system.
2 January 2015 | 3 replies
You need to worry about environmental contamination, illegal dumping next to the gas station over the years, and leaking of gas tanks.It doesn't matter who caused the contamination the EPA will make the current owners clean It up.If it's a new build the seller should have a phase one completed on the land.
12 March 2021 | 9 replies
I've been reading up on the issue and to my understanding all the contamination has been contained/removed.
28 February 2022 | 5 replies
Any contamination can significantly affect your ability to sell the property.
7 January 2022 | 9 replies
They often sell good stuff to people like me that already knows them or other buyers and sell the scraps to newbies that do not know better and buy the dogs.At very least you need a good commercial retail attorney to do the lease.Biggest thing with industrial is possible environmental contamination and if per the lease they are on the hook for it.Basically there are tons of things to look out for and you need help.
13 May 2022 | 9 replies
@William Yeh Under non-recourse loans, the guarantor is not generally responsible for losses the lender incurs, unless they commit certain bad acts; such as fraud, waste, damage or destruction, misapplication, misrepresentation, bankruptcy, or environmental contamination.
5 January 2015 | 12 replies
@Jon Holdman so do nothing, let everything fester in muddy, contaminated water, and then have the restoration company come out once the tenant is discharged from the hospital and has had everything removed?
7 April 2016 | 1 reply
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