Remediation of Environmental Problems
When a home is sold, inspections are performed that may reveal environmental hazards such as radon gas in the basement or water supply or friable asbestos materials (both of which can cause lung cancer), peeling or disturbed lead paint (a risk to children and pregnant women), inground heating oil tanks that may contaminate ground water, or mold that can cause problems for those with asthma or allergies. Typically the buyer or mortgage lender will require these conditions to be repaired before allowing the purchase to close. An entire industry of environmental remediation contractors has developed to help home owners resolve these types of problems.
Read more about this topic: Home Repair
Famous quotes containing the word problems:
“Hats have never at all been one of the vexing problems of my life, but, indifferent as I am, these render me speechless. I should think a well-taught and tasteful American milliner would go mad in England, and eventually hang herself with bolts of green and scarlet ribbon—the favorite colour combination in Liverpool.”
—Willa Cather (1876–1947)