Unit 2
: Lesson 3: Deciding how much to offer
Looking further
Environmental hazards to investigate
In addition to the basic terms of the
sale, you may include certain contingencies in your contract.
For example, you may want the purchase
to be contingent upon a professional home inspection and
a termite inspection. But there may be other environmental
hazards you should also investigate. You should make a point
of asking your real estate agent and home inspector if there
is a chance that any of these environmental hazards might
apply to the home. You can also contact your local public
health department or regional Environmental Protection Agency
(EPA) office if you have any questions about environmental
hazards in your area.
Although chances are that none of these
environmental hazards will apply to your home, it is better
to be on the safe side and make sure you have investigated
any potential problems. This is especially true if you are
pregnant or have infants and small children in the home,
if you are purchasing an older home, or if you plan to make
renovations to an older home.
Here are important hazards you should
know about.
Radon
Radon is a natural, odorless gas that
can seep into houses and cause major health problems. For
this reason, many home buyers insist that the house be tested
for radon. For more information about radon in your area,
call your state or county public health department.
Lead-based paint
If the house you want to buy was built
before 1950, you can be almost sure that lead-based paint
was used. There is a good chance it was used in any house
built before 1978. Exposure to lead paint can have serious
consequences, especially for infants, young children, and
pregnant women. Even lead-contaminated dust from childrens
hands and toys can pass to their mouths. Renovation projects
in older homes that disturb the lead-based paint can be
especially dangerous.
Before you finalize a sale on a house
built before 1978, the seller or real estate agent must,
by law, give you written information about lead hazards
and tell you about any lead paint hazards in the house that
he or she knows about. The seller must also give you 10
days to have an inspection completed. You should make sure
any inspector you hire has taken an EPA course, or is certified
in your state. You should never attempt lead-based paint
removal yourself. For more information in English and Spanish,
call the federal information hot line at 1-800-LEADFYI.
Asbestos
Asbestos is a material that, until about
20 years ago, was often used in housing insulation. Today,
it is considered a health hazard and is no longer in use.
If you are purchasing a home over 20 years old, you should
ask about asbestos and get a professional inspection if
you suspect it might be present.
Formaldehyde
Formaldehyde is a colorless, gaseous chemical
compound that was an ingredient in foam used for home insulating
until the 1980s. It can cause irritation of the eyes, nose,
and throat, and is suspected of causing cancer. A qualified
building inspector can examine your home for formaldehyde-emitting
materials.
Hazardous waste sites
The EPA has identified more than 30,000
potentially contaminated waste sites in the United States.
If you think you may be living near one of these, you should
contact your regional EPA office for more information. Your
neighbors may also be able to tell you about community organizations
that have information about the problem.
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