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Monday, June 18, 2018  

Environmental Concerns

In real estate today, several environmental issues are the concerns of potential investors, developers, lenders, and homeowners. A lack of understanding can be intimidating and frightening, and may result in substantial risk to many different parties. Below are explanations of predominating environmental issues, and links to organizations that can provide you with the information you need to make healthy, confident decisions in your real estate transactions.


Mainstream Environmental Concerns

Asbestos Electromagnetic Fields Lead-based Paint Mold (Black Mold) Methyl Tertia-Butyl Ether Polychlorinated Biphenyls Radon Gas Underground Storage Tanks

MTBE (Methyl Tertia-Butyl Ether)

MTBE (Methyl Tertia-Butyl Ether) is an oxygenate that has been added to gasoline since 1978 to increase octane and lower exhaust emissions. It is a flammable, colorless liquid that dissolves easily in water.

Because of its solubility, MTBE can pass quickly through soil contaminating groundwater. CERCLA lists MTBE as a hazardous substance, and the EPA classified it as a potential human carcinogen.

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