Phase 1 Environmental Site Assessment
What is a Phase 1 ESA?
A Phase 1 Environmental Site Assessment (ESA) is an investigation of a property’s historical and current use. During the Phase 1 ESA our team of professionals helps you identify the existence and scope of soil and groundwater contamination as well as the presence of other toxic substances such as asbestos, lead paint, or mold.
Examples of historical uses that can lead to soil or groundwater contamination are;
– Dry Cleaners
– Gas Stations
– Auto Body Shops
– Waste Management Facility
– Industrial use
“A Gas Station, 100s of meters away and upgradient from your property that was once in operation in 1930s can potentially still impact your property, even today”
“Buy with Confidence”
Why ESA Phase 1 is important when buying a property?
– Devalue the Market Value of your Property
– Compromise the Sale
– Incur Significant Cost of Rehabilitation
– Withdrawal of the Mortgage Loan and/or Hard to get Loan Approved