Are you about to buy or do you own a leaky condo?
How can you know for sure? Can Home Inspectors help you in this regard? Unless the Home Inspector has just recently purchased x-ray glasses he can’t know for sure. There are certainly things you can do though to get closer to the truth.
(see the whole story…)
In a buyers’ market when things are slow and there is a lot of product for sale, sellers and their real estate agents are always looking for ways of standing out and offering more than others in the market place. A Pre-sale Home Inspection can be one of those ways. The same is true for the hot sellers market. Read more…
Is the sale dead if you discover vermiculite in the attic?
When inspecting the attics of older homes, we often come across vermiculite insulation buried under more recently installed fibreglass or cellulose insulation. Some of this granular type of product was mined from a company in the U.S. and contained asbestos. This doesn’t have to be a deal killer as long as all parties are aware of the implications. (see the whole story…)
Are they really necessary?
Passed by the B.C. Legislature on Dec.14, 2011, strata building depreciation reports (D.R.s) are now required for all stratas with 5 or more units unless voted down every year by a 75% majority. D.R.s can be a great boon for potential buyers, giving a good indication for the next 30 years of what needs attention on a building and how much it will cost. Some stratas are deciding not to produce a D.R. This however could affect every member’s suite / property value. Read more…
So what’s the big deal with an underground oil tank anyway?
A leaking oil tank above or below ground is deemed to be leaking a toxic substance into the environment and hence needs to be dealt with as such. Ground and drinking water could be at risk. Soil samples have to be taken and then a contractor (licensed for both removal and transport), must remove the contaminated soil to a hazardous materials dump site. This can be a very expensive proposition. Read more…