Courts across the country have consistently held that due diligence is the responsibility of the buyer. Naturally, sellers are required to disclose what information they know. But what about things they don't know? Discovery of any aspect of a real estate transaction the seller does not know rests on the buyer.

Recently, a new tool has emerged to aid the buyer in this process. Impact Check, LLC (www.impactcheck.com) introduced the Impact Check Property Impact Report.

Governmental entities and some private entities have broad discretion as to where and when to locate public improvement projects. When they do, they almost always require property that belongs to private citizens. In many instances, property owners are left with a smaller and less useful parcel than before.* Impact Check allows purchasers to glimpse into the future and check for potential impacts before they happen. By accessing a proprietary network of information, Impact Check is able to identify and locate projects sometimes far before they become general public knowledge. This can have a huge impact on the decision to purchase a property (or the price one is willing to pay). For persons who already own property, this kind of knowledge is key as well. Whether contemplating renewing a lease, outlaying capital for improvements or anything else, Impact Check is a critical decision-making tool.

No person can, with certainty, predict the future in total; however, Impact Check's innovative Property Impact Reports can provide a ready source for information that has never before been this easy for the real estate community to access. 

* The process for compensating property owners for property takings varies state-by-state.

Click here to order your Property Impact Report