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Residential Environmental Reports from EDR
ORDER A RESIDENTIAL ENVIRONMENTAL REPORT
Most residential properties and neighborhoods are clean, but even the most pristine and affluent areas can have environmental issues that affect health and home values. The EDR Neighborhood Environmental Report use the results of records searches of contamination from common occurrences such as:
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Leaking underground fuel or gas tanks that can contaminate soil and groundwater;
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Homes formerly used as "meth" labs, where residual chemicals can cause illness;
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Contamination from nearby industrial sites, accidental toxic spills or leaks;
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EPA and State top priority clean-up properties.
EDR is the nation's leading and most trusted provider of environmental risk information reports. More environmental professionals, lenders, corporations, real estate professionals and government agencies rely on EDR for environmental information than any other provider. You can be confident that every EDR Neighborhood Environmental Report is backed by over 15 years of experience and the accuracy and comprehensiveness of the largest collection of local, state, and federal environmental information in the U.S.
EDR’s quality control system uses a combination of methods to locate sites accurately and obtain geographic information for inclusion in all reports. Some of these include:
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Proprietary address-matching software (for latitude/longitude)
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Address standardization
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Zip code verification
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Manual review of existing maps
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Manual and automatic plotting
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Government agency contacts
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Cross-referencing and information configuration (of two independent sources)
Environmental Hazards in Residential Real Estate
Contaminants found in the home, such as lead-based paint, mold, and radon pose known health risks and are routinely evaluated by home inspectors and other professionals. Threats from pollution outside the home, such as groundwater and soil contamination, are often as hazardous and are garnering increased attention in residential real estate.
Risks to Homeowners and Homebuyers from Environmental Hazards
Pollutants such as hazardous waste from industrial sites, solvents from dry cleaners and petroleum from leaking tanks can seep into soil and groundwater and cause unhealthy living conditions. Likewise, chemicals in the ground can travel through the soil as vapor, contaminating indoor air. There are three primary risks:
- Exposure to contamination via groundwater, surface water, soil, or vapors can compromise human health;
- Contaminated property is usually devalued; many studies show that properties near contaminated sites are often devalued as well; such properties can become stigmatized;
- Homebuyers can be liable for a cleanup, even if they didn't cause — or know about — contamination, when it comes time to sell the home.
What to do if Contamination is detected or suspected
When homebuyers or homeowners are concerned about contamination, there are a few simple steps that can be taken:
- Test well water: If the property is served by a private well, make sure the well water is tested. If there are concerns about a nearby underground petroleum leak, make sure that the water is tested for volatile organic compounds (VOCs). If water contamination is detected, it can often be addressed by installing additional filtering systems.
- Correct indoor air quality problems: If indoor air quality is being affected by vapors entering the structure from underground plumes of contaminants, a ventilation system can be installed. These are the same systems that are used to dissipate radon gas.
- Look for obvious signs: Finally, look for signs that contamination could be affecting soil or water on or near the surface. Signs include patches of dead vegetation, strong odors, dark or oily soil, and oily sheen on the surface of water.
Bring Greater Peace Of Mind For All Parties
The bottom line is that when a significant issue is found in an EDR Neighborhood Environmental Report, it is in the best interest of all parties that it has been discovered and reported.
EDR Neighborhood Environmental Report:
- The EDR Neighborhood Environmental Report™ is good news for all parties in residential real estate transactions.
Buyers receive important information about the property and neighborhood up front, so they can proceed with greater confidence and peace of mind. Sellers benefit from a faster sale with fewer surprises before and after the closing. Finally, the real estate agents benefit from more efficient transactions with less chance for unpleasant post-closing problems.
- Increase Buyer Confidence For Faster And Smoother Transactions.
In most cases the EDR report will find no significant issues. This increases buyer confidence and makes the property and surrounding neighborhood more attractive.
- Reduce Risk.
While sellers and their agents still have an obligation to disclose known environmental issues, the neighborhood environmental report reduces risk by ensuring significant recorded issues are revealed. The report identifies some issues that could be considered common knowledge because it searches federal, state and local records for known environmental issues that are rarely identifiable based on visual inspection, and are often the result of historical influences.
- Encounter Fewer Unpleasant Surprises During And After The Transaction.
If a significant environmental issue is present on or near a property homebuyers may eventually learn about it from neighbors, the news media, or some other source. Identifying and properly reporting environmental issues during the home inspection reduces the chances for last-minute surprises, difficult negotiations, and post-closing problems.
- Quickly, Accurately And Effectively Address An Area Of Growing Awareness And Concern.
Homebuyers are increasingly aware of and concerned about environmental issues. Home inspectors are providing a valued service by offering an EDR Neighborhood Environmental Report.
- Benefits for Home Sellers
In most cases the EDR report will find no significant issues. This increases buyer confidence and makes the property and surrounding neighborhood more attractive. When a significant issue is found identifying and properly reporting it during the home inspection reduces the chances for last-minute surprises, difficult negotiations, and post-closing problems.
- Benefits for Home Buyers
The report provides the homebuyer with important information and increases their peace of mind that there are no hidden problems.
Disclaimer * There is no legal obligation for law enforcement in some states to report drug labs to any data base. Please check with local police, fire department and sheriffs departments to supplement the data supplied in this report on drug labs.
ORDER A RESIDENTIAL ENVIRONMENTAL REPORT
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