You are Under Contract to buy your new home and you're working with your realtor to schedule an inspection. Then your realtor asks you if you want a radon test done! What the heck is a radon test? And why would you want a radon test done?
Here in Colorado about 66% of the radon tests performed come back at or above the 4.0 pCi/L EPA recommended level. The test will add approximately $150 to your inspection fee. If the results come back higher than the EPA recommended level, it could cost up to $1,500 to have the radon mitigated.
But here's a secret. Now that you know that the radon is high, you can negotiate with the seller to have them pay for some or all of the mitigation cost.
Before deciding if you want a radon test done, you need to ask yourself two questions: 1) Does radon gas worry you? 2) Do you want to risk having to pay for radon mitigation down the road when you go to sell your home?
That will help you decide whether or not you want to pay to have a radon test done.
For an EPA Home Buyer's Guide to Radon, click on the blue "Read More" button at the left side of the bottom of this page.
Whenever you are ready, here’s some ways that I can help with your real estate goals:
1) Free Access to search the Denver MLS for all homes currently on the market: Denver Home Finder Service Property Search
2) Join me for a home tour - Home tours are Monday thru Saturday at 2:00 pm or 6:00 pm - choose your tour here
3) Request a specific search that sends all the homes that meet your parameters as soon as they come on the market - that way you can beat others to the best homes. Send me an email with "specific search" in the subject line and your wish list - Price range, school district, style, minimum number of bedrooms, etc. - Vickie@DreamsCanHappen.com
4) Receive a Home Loan Report –There are so many different loan programs. Do you need 20% down payment to purchase a home? Are there special programs for first time home buyers? What does CHFA mean? What's the difference between a FHA loan and a Conventional loan? Send me an email - - Vickie@DreamsCanHappen.com
with "Home Loan Report" in subject field and I'll send it right over.
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