The first step in defense of buying infested property is educating yourself on the types of noxious weeds that are present in the area (refer to question #4). Ethically, your realtor should inform you of the weed problem, if any, present on the property. There is a clause in most buy-sell agreements addressing this issue. If you have knowledge of the noxious weed infestations present on the property, you have the power to negotiate a better deal. Dealing with a severe noxious weed infestation can cause a drop in property value and take many years and large amounts of money to get under control. While looking over potential properties, it does not hurt to see the weed situation of surrounding properties as well.
Friday, October 23rd, 2009