A staple of the housing industry for the last 60 years has been the 30-year fixed rate mortgage. The 30-year mortgage came about in the 1950’s to combat the sudden rise in interest rates
What is Radon?
Dated: September 28 2019
What is radon and should I test for it? As a trusted Real Estate Advisor one f 0 the questions I am asked as a buyers agent is should I test for radon. Radon is an inert, colorless and odorless gas. Radon occurs naturally in the atmosphere in trace amounts. Outdoors radon disperses rapidly and is generally not a health issue. Radon becomes a problem inside where it can enter the house through cracks in the foundation and can accumulate, especially in the basement.
Breathing radon over time can increase your risk of lung cancer. Radon is the second leading cause of lung cancer in the United States and the leading cause of Lung cancer among non smokers. Nationally the EPA estimates radon is responsible for about 21,000 lung cancer related deaths per year. There have been several studies that show radon levels above 4pCi/L should be mitigated. The effects of levels above this amount in the home are equivalent to the levels miners breathed for a number of years in the mines.
You can take steps to control the amount of radon in your home. The only way to determine the amount of radon in your home is to test for it.Radon can be easily mitigated, a typical radon mitigation system will cost anywhere between $800-$1500, the process consist of a venting system and a fan that removes radon from the structure and vents it to the outside. It also provides a continuous monitoring system. For those of us not buying or selling a home there are free test kits available.
So back to our original question "Should I test for radon"? I would say on a risk vs reward baisis,the cost of testing and mitigating radon is alway money well spent and I always encourage my clients to opt for the test.
What do you get when you combine a firefighter and a financial services professional? Add in 30+ years of property management experience, community activism and chamber memberships and you get the Pi....