The Federal Emergency Management Agency (FEMA) is notifying affected property owners that their flood insurance rates will increase starting January 2017 pursuant to the Homeowner Flood Affordability Insurance Act of 2014. » more
Along with the rain showers, hazards have arrived. This winter season has brought much needed rain relief to California. However, along with the rain showers, hazards have arrived. » more
Annual fire prevention fee has been suspended. Approximately 800,000 California landowners who pay an annual fire prevention fee of $152.33 per habitable structure in wildland fire areas are getting a break for the next 12 years. » more
Dams represent a risk to public safety due to the massive impact of a possible disaster on populated areas and the environment. When a dam fails the energy of the water is capable of causing destructive flooding downstream, resulting in loss of life » more
The individuals who are required to sign the Natural Hazard Disclosure Statement (NHDS) in a California real estate transaction About the NHDSThe NHDS is a statutory form which became effective in 1999 via AB248 (Torlakson). The NHDS cannot be » more
Making contaminated properties safe for residents in Vernon could require the largest cleanup of its kind in California history The TragedyWhile the Exide Technologies Battery Plant (Exide) shut down in 2014, it left dangerous levels of lead... » more
The U.S. Drought Monitor has forecasted warmer weather and suggests that the multi-year drought will continue or even worsen. While a strong El Niño could be helpful, it would not end the long-term California drought. » more
One of the worst environmental disasters in recent years was quietly discovered in California’sPorter Ranch, a community about 25 miles north of Los Angeles. After a well owned by Southern California Gas Company was mysteriously damaged, it began to leak » more
El Niño continues to gain strength in the Pacific Ocean. The latest forecast increased the urgency for both government agencies and property owners to prepare for possible flooding. » more
The Good Faith Estimate (GFE) and the initial Truth-in-Lending disclosure (initial TIL) have been combined into a new form, the Loan Estimate. It must be provided to consumers no later than the third business day after they submit a loan application. » more
Property ID Corporation in Los Angeles offers California real estate news to investors, first time home buyers, realty associations and real estate agents. As a news service we provide home buying and selling tips for both realtors and first time home buyers. We cover the real estate news from Southern California, San Diego to the bay area San Francisco.
Property ID Corporation is the industry founder for natural hazard disclosure statements. We know that a California home buyers first priority is often the financing side, including low down payments, alternative financing and current California home prices. However “knowing what the new home is all about” may be a crucial issue in purchasing a new home. Our mission as a California real estate information company is to provide both the industry and the first time home buyer the critical documents they need before a new home purchase.