"Wisdom begins in wonder" – Socrates
Month: August 2023
Flood Risk Disclosure
08/04/23
“How do property sellers disclose flood risk to potential buyers?”
Environments can have all types of hazards, including flood risk. Many buildings are built in these areas. A building with flood risk can change the entire calculus for an owner to feel safe in it or not. Because of this, property sellers should bring about Flood Risk Disclosure to inform potential buyers what purchasing the building will entail.
Why It Is Important for Real Estate Agents to Disclose Flood Risks to Home Buyers
08/03/23
“Why is it important for real estate agents to disclose flood risks to home buyers?”
When buying a home it is necessary to know all of the risks associated with a specific location, including flood risk. If your house is in a flood-prone area, then you will have the risk of it getting damaged or even destroyed by inundation at any time. By knowing what you’re up against, you can stray away from the moving into site or invest in flood resilience capacity. In some places (such as California), a real estate agent is legally obligated to disclose to a potential seller that a home is in a flood-risk area. Withholding this information from a home buyer is not only unethical but can also cost them their lives. This is Why It Is Important for Real Estate Agents to Disclose Flood Risks to Home Buyers.
Climate Migration Community Reunions
08/02/23
“How can communities forced to migrate because of climate change have community reunions?”
Communities may be forced to migrate for climate-related reasons. If the relocation process is done poorly, it can result in fractured ties. But if bonds are kept tight, then events like reunions can occur to commemorate the place they once inhabited. An example of this can be seen with the Lincoln City Reunion, a yearly gathering where former residents and their families of the historically-Black Lincoln City neighborhood of Kinston North Carolina celebrate the place before it flooded away.
Why Housing Buyouts Can Rupture Communities
08/14/23
“Why can housing buyouts rupture communities?”
Disasters can damage a municipality (or a portion of it) so badly that it becomes unlivable. In many instances, a mass housing buyout may ensure. However, the residents of the community may disperse, potentially destroying the bonds that held it together in the first place. An example of this includes the historically Black neighborhood of Lincoln City in Kinston North Carolina, where a series of floods decimated the neighborhood and resulting housing buyouts forced a diaspora to emerge. This is Why Housing Buyouts Can Rupture Communities.
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