Buying a home can be stressful. There are a lot of moving parts and a lot of things that can go wrong. Working with a professional Realtor, knowing the process and your due diligence is what will keep your home purchase on track. During the transaction, usually in escrow or before, a buyer will receive several disclosures. One will be something called the Natural Hazard Disclosure. There, you will find out about various things that affect the property, there, locally and a bit further away.
Below is a list to consider of items that may affect the property you are about to purchase. Sometimes we don’t think about these things but they are still something to consider.
Airport Noise: Certain airports located in the area may be in proximity to the Property and Buyer should be aware that airport traffic and noise exists throughout much of the counties of Los Angeles, Ventura, San Bernardino and Riverside.
Licensed Care, Correctional and Custodial Facilities: Licensed care facilities may be found in any neighborhood and are protected by State law. Numerous local, county and state custodial facilities are to be found throughout Southern California.
Wildlife: Certain types of wildlife are indigenous to Southern California including, but not limited to, rabbits, squirrels, rodents, cougars (mountain lions), deer, coyotes, snakes (venomous and non-venomous), bear, bats, bobcats, raccoons, possum and various birds of prey.
Private Sewage Disposal System or Septic Tank Inspection: Some residential properties, even in long-established communities, have septic tanks and are not attached to the public sewers.
Fireplace Inspection: Many properties have one or more fireplace installations. Depending on age and prior maintenance, some may be a hazard under certain circumstances.
Reservoirs and Dams: Major reservoir/dam facilities may be found in the area in which the Property is located.
Future Development: Future construction or other development of the area surrounding the Property and/or development in the general area may affect the Property.
Landfill (Waste Sites): The Property may be situated in the vicinity of a landfill site.
City-Required Records and/or Inspection Reports: Certain cites may require the Seller to obtain from the City, a report of residential building records; said cities may also require a city inspection.
Escrow Process: While the purchase agreement will indicate a specific escrow closing date, the complexity of a real estate transaction may require extension (or extensions) of that date
