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Updated over 1 year ago on . Most recent reply

User Stats

1,254
Posts
342
Votes
Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
342
Votes |
1,254
Posts

Database for contaminated properties

Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
Posted

Hello

I recently applied for a commercial mortgage and the bank said the address triggered an environmental hazard redflag. The bank is now requiring testing to be done before a loan can be issued. 


Is there a public database that banks tap into to see if a property is a potential hazard? Any commercial bankers with this information it would be great to hear from. 

I am looking at another property and would like to run the address through the same database banks do to see if it will trigger a red flag.

Thanks.

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