Walk a Kb or Two in my Moccasins- Nobody 'splained it to me like that!

Simple answers to Complex Questions and Complex Answers to Simple Questions. In real life, I'm a Greater-Toronto (Canada) Realtor with RE/MAX Hallmark Realty Ltd, Brokerage. I first joined RE/MAX in 1983 and was first Registered to Trade in Real Estate in Ontario in 1974. Formerly known as "Two-Finger Ramblings of a Forensic Acuitant turned Community Synthesizer"

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Sunday, September 12, 2010

What is UFFI and how does it affect me?

A....What is UFFI and how does it affect me?

From Zoocasa ASK THE PROS

A ...... Robert Ede

UFFI is a substance that if improperly installed can emit formaldehyde gas (as does new particle-board furniture & cupboards, carpetting and the hunman body)




After a period of time (no matter how poorly-installed) it goes inert.



Some people are more acutely sensitive to formaldehyde gas than others.



It hasn't been installed in a long time in Canada and now it's just a "stigma"



Like a death in a house, former grow op/ chem lab, backing onto a hydro-corridor .... some people just will not buy it.



Others will buy it at a discount (often as a rental, not to live in)



Because of the diminished demand and the fact that you (and every registrant who knows about it) will have to disclose the fact ... you will sell for less.



If you're thinking about buying a UFFI house .... ask yourself it it's worth the bother.



Hence the diminished demand.

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