Listen "Understanding Environmental Assessments for Real Estate Success | REAL Collective Podcast"
Episode Synopsis
Understanding Environmental Assessments for real estate success is crucial if you are considering purchasing a property that has environmental considerations at play.
This week on the REAL Collective Podcast Sean Tasse (Real Estate Broker) and Kyle Miller (Mortgage Agent) have an insightful discussion about Environmental Assessments in real estate. They unpack what these assessments entail and their role in the real estate landscape and how they can affect your real estate transaction.
They differentiate between Phase 1 and Phase 2 Environmental Assessments, highlighting their specific purposes in the evaluation process. By sharing recent scenarios, they shed light on how these assessments affect real estate deals, including their connection to financing. We also discuss the importance of timing in real estate transactions for both buyers and sellers.
In the second half, the conversation shifts to effective listing strategies for winter conditions, along with the value of appraisals in real estate. We also explore the strategy of buying before selling, along with insights into timing the market for successful real estate deals.
Join us for another informative discussion on the REAL Collective Podcast. Until next time, keep it REAL, Collective!
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Environmental Assessments: (0:58)
What are they looking for in an environmental assessment? (2:55)
LeBreton Flats: (3:50)
The difference between Phase 1 and Phase 2 Environmental Assessment: (5:24)
A few recent scenarios: (6:58)
The financing perspective: (7:57)
Country properties: (9:50)
About the Phase 1 Report: (11:50)
Understanding timing on both sides of the deal: (12:50)
Half-Time: (18:55)
Second half begins: (19:47)
Listing Strategy in Winter: (20:08)
The Value of Appraisals: (25:05)
Buying before selling – what is a good strategy? (27:05)
Timing the market: (27:55)
The timing of the best real estate deal Sean has ever done: (29:40)
The importance of a plan (31:00)
The benefits of a mortgage broker: (32:30)
Outro 34:04
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