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Advantages of Natural hazards disclosure report to buyers
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[QUOTE="Augusta, post: 331447, member: 25283"] it is always of essence for buyers to be given the natural hazards disclose report by the sellers A seller is mostly mandated by the state to discloses if a property is located in high risk area. This is about a property in an area with higher risk of natural hazards like floor, earthquake, erosion etc The rule is that this report be made and paid for by the seller. The buyer will need to assess this during escrow holdings. With this report the buyer will have the knowledge about the natural hazards that the property is faced with The buyer will have a true idea of the value of the property if it worth the quoted value given by the seller. it would make the buyer make an informed decision about the hazards and know if he or she can easily tackle such in future [/QUOTE]
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Advantages of Natural hazards disclosure report to buyers
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