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Hey Home Seller: We Know About The Flood You Had

Posted by Sherry Rioux on February 14, 2013
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floodA couple of weeks ago I had a sneak preview of a new tool in the home buying arsenal that I think is going to be a game changer:  HomeVerified.

HomeVerified is a private company that is aggregating information about a home and neighbourhood’s insurance claims history, school reports, history if ever a grow-op and more.  Bob Aaron has written a detailed column in the Toronto Star  that explains it well.

After two decades in the business, I know there are certain neighbourhoods in the Georgian Triangle where flooding is more common than others.  I also have some insight from parents into school performance and area demographics.  To see all this information in ready detail on a report is fantastic for home buyers!  This provides an opportunity for buyers to be more through in their due diligence and decision making.  You can view a sample report by clicking here.

I predict this will quickly become as common as a home inspection and buyers should include the obtaining of and being satisfied with a HomeVerified report as part of their conditions in any offer.  Sellers, remember to do the right thing and disclose because Big Brother really is watching more and more every day.

Related Posts:

Buyer Moves In And Finds Faulty Fixtures.  Oh, oh.

 

It’s always a pleasure to meet new people and to assist them in meeting their real estate goals.  If you would like to schedule a buyer or seller consultation with me, please feel free to email me or call at 705-446-1762.

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