Tuesday, January 29, 2008

Know Where Your Property Gets Potable Water

Water is forecast to be one of the biggest environmental and political stories of the 21st century - not just in developing countries, but in North America, as well. Already desalination plants are on the way in the Southwest, including in Southern California, while drought may force Southern nuclear power plants nuclear power plants to scale back production, or shut down, throwing the energy grid into question, news sources report.

ANYONE buying rural property these days - indeed, any property - needs to know from where, and for how much money, if applicable, that property gets potable water. While we don't face that problem right now in the Midwest, knowing your water sources on a property is critical. It impacts the useability of your land, and its value for both tax purposes and when you decide to sell or exchange it.

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