Busted Methamphetamine Labs in Canada
Goldmine or nightmare for Canadian Real Estate Investors
Busted Methamphetamine Labs, Methamphetamine is one of the most present society increasingly common used drugs. Meth is known to be a very powerful illegal drug. Not only the drug has its problems producing this type of drug, but also when using it.
There are many different forms of this drug, such as crystal meth, crank and lithium. Snorting, smoking, and inserting needles are this drug’s type of usages.
Every year in Canada, unsuspected buyers purchase homes, not knowing that the house they are purchasing was originally a meth lab. The police discover thousands of meth labs each year. In some cities, there are no rules or regulations for sellers to disclose the history of the property.
Thousands of meth users do not inspect if the property is contaminated before selling it.
There are various ways to make sure that a meth lab was not previously being produced in your property. Purchasers can inspect the property’s deed with the county office’s clerk, as it might be registered, or they can inquire the local police about the property.
Many other ways to discover if a meth lab exists are by noticing a nasty smell like a catâ€™s urine or powerful chemicals scents. Because meth labs need a lot of attention, usually the property’s windows are covered with regular visitors during the night, and irregular hours of the day.
Meth lab equipment is very dangerous. Meth users produce high quantity of garbage. While inspecting these houses, you may come across rubber gloves, dusk masks, propane tanks, and certain substances like paint, drain cleaners, acid and iodine.
However, if there is no visible sign, it is possible to detect meth labs by buying meth lab kits for $55. If these tests are positive, the buyer can decide to get professional meth lab detection for about $600. It may cost about $10,000 to clean these properties. Meth users tend to have disordered lives.
They live in privacy and tend not to communicate with the community. The properties are left abandoned and in a mess and they lose their homes to foreclosure, which are resold for cut-price. In Canada, the number of Meth labs seized increased by 925% from 1993 â€“ 2003.
The CBC news reports that Toronto taxpayers will pay for meth lab cleanups. The Toronto police raids a duplex on Woburn Avenue. Meth was produced by the tenants of this property. In 2007, a city by law was passed regarding the cleanup of marihuana grow-op.
It was the law which stated that the authorities were given permission to clean up with the expense of the owner who failed to obey, and may collect the costs by adding them to the tax roll. Nevertheless, none of the regulation so far has been established regarding to meth lab cleanup. The meth production left a big environmental and structural damage, which involves an extensive cleanup.
In the mean time, the Real Estate Board is asking the Ontario government to help inform future owners if certain properties have related histories.
In Toronto, Realtors are compelled to disclose information about the property they are selling, but in many cases they are unaware of the history themselves.
The province currently has no database that can detect the history of a property or tell us if there was a meth lab or a grow-op.
A quick solution is really needed for this major issue.
to Learn more join us on our LIVE Canadian Real Estate Seminars to learn more at www.Flipping4profit.ca or
Your success is our business!
Newsletter: SubscribeÂ REI Club Membership | Apprenticeship | LIVE Training
Blog | Facebook | LinkedIn | Google+ | Twitter
P.S. Take Action now to attend the eye-opening seminar and walk away with confidence, knowledge, and specific “action ideas” that can help you achieve your dreams and leave the rat race behind.
We have been training Canadian Real Estate Investors since 1993