Disclosures and Due Diligence - Protect your transaction!

1150 Broadway,El Cajon CA 92021

03 May, 2023

Description

Be in the know about... Simplifying the AB38 process; from deciphering the fire zone to filling out the forms associated with fire zonesWhat sellers are saying regarding disclosure reportsThe unregulated NHD Industry and the importance of Due DiligenceWhat is Home Hardening and Defensible Space?Vegetation Management Ordinance vs Point of Sale requirements.How Condo owners in Fire zones fill out the FHDS formThe basics of NHD (Natural Hazard Disclosures)The importance of Local Level hazard mapsFlood Zones and the Importance of Flood CertificationFine Print disclaimersRisk management is the first line of defense against potential real estate claims. An effective risk management program can prevent a dispute from becoming a claim and can be a compelling factor in reducing the actual cost of a claim. Disclosing Natural Hazards Zones, as well as revealing Special Taxes and Direct Assessments, is the responsibility of both the seller and the agent representing the seller. Meanwhile, the NHD Industry remains unregulated and is largely made up of non-qualified entrepreneurs who offer sellers and agents little or no Liability Protection. Learn what to look for when performing your due diligence in selecting an NHD Provider. Fine Print disclaimers can reveal details unfavorable to you and your client. Lunch Provided by: Debi Levinson, Fidelity Home Warranty, and Disclosure Source Discussion led by: Chuck Piro, Regional Vice President for Disclosure Source NHD Chuck began his NHD career at LGS Reports in 1998. The company quickly became the #1 provider of NHD reports in Southern California. In 2000, he became the Sales Manager for Professional Hazard Disclosure in Orange County. During his short time at PHD, the company’s revenue doubled. In 2001, Chuck accepted an offer to join Disclosure Source as Head of Sales in California. Within his first four years at Disclosure Source, sales increased by 400%. Over the last 25 years, Chuck has given presentations to thousands of agents in hundreds of real estate offices throughout California. He has participated in numerous panels discussing industry issues with the industry’s top competitors. Prior to the COVID lockdown, traveled throughout the state offering informative and entertaining seminars on risk management and the NHD Industry. Chuck’s unique ability to communicate with today’s real estate professionals has helped thousands of agents in California better understand, not only Natural Hazard Disclosure requirements but also the complex disclosure of direct assessments such as Mello-Roos Special Taxes. He is currently being asked to assist in helping agents better understand the new Home Hardening and Defensible Space requirements. Lunch Provided by: Debi Levinson, Fidelity Home Warranty, and Disclosure Source