7 Sea Level Rise Real Estate Questions

Download or read book 7 Sea Level Rise Real Estate Questions written by Lawrence S Richardson Jr and published by . This book was released on 2019-12-15 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sea level rise flooding is already impacting communities on the Atlantic, Pacific and Gulf of Mexico coastlines. Everyone involved in a real estate transaction in coastal areas needs to know the sea level rise flooding status of a property BEFORE they act. "7 Sea Level Rise Real Estate Questions" was written to help buyers, sellers, owners, and real estate agents to protect themselves, their property, and their financial future from the inundation that climate scientists say is going to get much worse in the years to come."7 Sea Level Rise Real Estate Questions" gives readers concise information on what's driving global warming and sea level rise, why the warming of the atmosphere and oceans due to the burning of fossil fuels is speeding up the melting of snow and ice in Greenland and the polar regions, and how it's affecting real estate along the coasts, and in some cases, far inland. Once the environmental facts are established and readers understand that sea level rise is not only going to remain a threat for their lifetime but worsen in the decades to come, the book goes on to explain the many challenges buyers, sellers, owners and real estate agents face when engaged in real estate transactions in coastal areas.After readers are given a list of ten valuable information resources, from sellers and local real estate agents, to home inspectors and sea level rise mapping websites, the book explains the challenges facing buyers, sellers, owners and real estate agents and what they can do about them. Specifically, the "7 Sea Level Rise Real Estate Questions" helps readers to decide what to do if the property of interest already experiences flooding or is at risk of flooding in the near future. It also discusses the importance of related issues, such as how the local government is responding to the challenge, how the flood insurance and mortgage industries are faring, and how to analyze how much risk and expense they can honestly handle when confronted with the threat of sea level rise flooding.An experienced real estate agent and journalist, Larry Richardson lives at the front lines of the battle against sea level rise flooding in South Florida. He wrote "7 Sea Level Rise Real Estate Questions" when he noticed that buyers were purchasing properties they didn't know were in active flood zones. When he conducted research for this book, he found that in most states, it's very difficult for buyers, sellers, owners, and real estate agents to gather the information they need on sea level rise flooding to make informed decisions on how to respond to the challenge. This book should help them to wrap their heads around this complex issue BEFORE they get involved in a real estate transaction.