@realEstateTrent This insurance fund removed future liability from us as the buyer. Obviously different State to State, but might be worth looking into where they’re located.
@realEstateTrent I’ve acquired several properties with negative Environmental issues by utilizing Federal Brown Fields funds through our City’s allocation. Paid for the reports & some clean up. Our state Dept of Env. Quality also has an “insurance” fund for contaminated sites we’ve used.
@ChrisRamsey60 I started on the appraisal side. Learned valuation inside out. Now 10 years as a developer this experience has saved at least 5 deals from being busted. Being able to talk to the appraiser in his language, discuss assumptions, & on a few occasions catch flaws in the reporting
@karahall@okcpatrick@TheLostOgle Ha! We ran that stamp game at Graham’s the whole summer in ‘96. Remember the day we got busted. Bar tender just looks up and realized there were twenty 17 year olds in line for nickel beers. Game over!