The Hidden Threat – Property Acquisition
Most property owners never consider the prospect that all or a portion of their property might become the subject of an involuntary acquisition; however, with populations (especially in urban areas) the prospect is very real. Strains on our nations' infrastructure, coupled with recent governmental initiatives to fund expansion, have made new and widened roads, new power transmission lines and new petroleum transmission lines a growing reality for property owners/buyers in the United States.
Furthermore, a seemingly growing number of people are unaware that, in most instances, one cannot refuse to tender their property to the government.* But given that one, as an owner or buyer of real estate, may be the subject of an involuntary transaction with the government, it behooves one to use any available information to get advance warning. Impact Check Property Impact Reports provide that information.
Recently, Impact Check developed access to a proprietary network of information that can give customers quick and efficient access to the identify and location of known future public improvement projects (whether they have been officially announced or not). Having this information allows real estate owners or buyers the opportunity to make valuable and cost-saving decisions.
*You can, in most cases, refuse to sell your property but you cannot refuse if the government or private entity uses the power of eminent domain. This is a growing reality across the country.
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