azotic wrote:
"Cap and trade is back in the news. By the end of this month, Senate
Environment and Public Works Committee Chairwoman Barbara Boxer (D-Calif.)
is expected to unveil new legislation along the lines of the Waxman-Markey
bill, which passed the House on June 26.


That bill contains 397 new regulations. One of them would affect almost
everyone who buys or sells a home. If Waxman-Markey becomes law, homes for
sale that qualify as "federally related transactions" - which is almost all
of them - would be required to undergo an environmental inspection.

Inspections are not free. Nor is fixing the inevitable violations."

If passed this legislation could have an adverse effect on homeowners that
have a shop in thier
basement or garage. HSMers will have to hide thier hobby if they decide
to sell thier home. Having personal experience in dealing with an
environmental inspection
prior to selling a home god help you if you get a tree-hugger environmental
inspector. In the
eyes of a tree-hugger your machines, tools, and that shelf with cans of
paint, tapping fluid, solder,
solvents and lubricants make you an evil pollutor and will get you qualified
for a supper fund clean up
when he calls the epa and reports you. An enviromental inspection will be
mandatory prior
to the lender approving the loan for the buyer.

Read mo
http://www.politico.com/news/stories...#ixzz0S3ZkOiML

Best Regards
Tom.



Absent bill number and page, this is nothing more than a "Death panel"
scare tactic... Want to define "Federally related transaction" Thomas
cannot find that phrase... And that alone makes the whole thing suspect.

"Stuart Wheaton" wrote in message
...
azotic wrote:
"Cap and trade is back in the news. By the end of this month, Senate
Environment and Public Works Committee Chairwoman Barbara Boxer
(D-Calif.) is expected to unveil new legislation along the lines of the
Waxman-Markey bill, which passed the House on June 26.


That bill contains 397 new regulations. One of them would affect almost
everyone who buys or sells a home. If Waxman-Markey becomes law, homes
for sale that qualify as "federally related transactions" - which is
almost all of them - would be required to undergo an environmental
inspection.

Inspections are not free. Nor is fixing the inevitable violations."

If passed this legislation could have an adverse effect on homeowners
that have a shop in thier
basement or garage. HSMers will have to hide thier hobby if they decide
to sell thier home. Having personal experience in dealing with an
environmental inspection
prior to selling a home god help you if you get a tree-hugger
environmental inspector. In the
eyes of a tree-hugger your machines, tools, and that shelf with cans of
paint, tapping fluid, solder,
solvents and lubricants make you an evil pollutor and will get you
qualified for a supper fund clean up
when he calls the epa and reports you. An enviromental inspection will be
mandatory prior
to the lender approving the loan for the buyer.

Read mo
http://www.politico.com/news/stories...#ixzz0S3ZkOiML

Best Regards
Tom.



Absent bill number and page, this is nothing more than a "Death panel"
scare tactic... Want to define "Federally related transaction" Thomas
cannot find that phrase... And that alone makes the whole thing suspect.

Indeed, this above cited article is completely bogus and based on a rumor
originally started by Rush Limbaugh. See the link below for the full story:
http://www.factcheck.org/2009/07/ene...xisting-homes/

One problem with the internet is that anyone can "publish" any paranoid
delusion he wants to believe. There is always someone who will re-publish
this as fact with their own delusions woven in. Note the O.P.'s added spin
about paint and solvents (not mentioned in the article). Undoubtedly someone
else will see that and re-publish it as fact with yet more delusions added.

There are too many important issues in this bill that should be debated
intelligently that we shouldn't have to deal with this fabricated crap; of
course the entire purpose of folks like Limbaugh beck and others is to
stifle intelligent debate.

"Stuart Wheaton" wrote in message
...
azotic wrote:
"Cap and trade is back in the news. By the end of this month, Senate
Environment and Public Works Committee Chairwoman Barbara Boxer
(D-Calif.) is expected to unveil new legislation along the lines of the
Waxman-Markey bill, which passed the House on June 26.


That bill contains 397 new regulations. One of them would affect almost
everyone who buys or sells a home. If Waxman-Markey becomes law, homes
for sale that qualify as "federally related transactions" - which is
almost all of them - would be required to undergo an environmental
inspection.

Inspections are not free. Nor is fixing the inevitable violations."

If passed this legislation could have an adverse effect on homeowners
that have a shop in thier
basement or garage. HSMers will have to hide thier hobby if they decide
to sell thier home. Having personal experience in dealing with an
environmental inspection
prior to selling a home god help you if you get a tree-hugger
environmental inspector. In the
eyes of a tree-hugger your machines, tools, and that shelf with cans of
paint, tapping fluid, solder,
solvents and lubricants make you an evil pollutor and will get you
qualified for a supper fund clean up
when he calls the epa and reports you. An enviromental inspection will be
mandatory prior
to the lender approving the loan for the buyer.

Read mo
http://www.politico.com/news/stories...#ixzz0S3ZkOiML

Best Regards
Tom.



Absent bill number and page, this is nothing more than a "Death panel"
scare tactic... Want to define "Federally related transaction" Thomas
cannot find that phrase... And that alone makes the whole thing suspect.

I don't think its BS, HR-2454 is very real. See Sec-201 for building codes.
Federally related transaction is double speak for a loan backed with federal
money,
A veteran buying a home thru the GI bill would be a federally related
transaction.

The question is, will an existing home be required to meet the new building
code
before a lender will give the buyer a loan and will lenders require an
inspection
to insulate themselves from potential future litigation.

Best Regards
Tom.