An iVerify report is very similar to "CarFax® Report" on a vehicle. Our reports will search any Canadian residential address against hundreds of databases held by insurance companies, municipalities, assessment organisations, police forces as well as our own proprietary CLORAD ( Clandestine Laboratories Operation Residential Address Database ) which contains grow ops, meth labs and other illicit activity that could impact the property
The RCMP and various police forces across Canada believe there is over 50000 active grow ops in Canada. There are very few resources to protect you, the homebuyer against unknowingly buying one of these properties. While homebuyers often lean on the expertise of a real estate agent to reassure them that their new property wasn't used as a grow op, OREA and RECO claim that a Realtor has the obligation to disclose the use of a home that was used for illegal production of drugs. The caveat is that in order for your agent to have to disclose it he must be aware of its history. You probably guessed it but in case you didn't, most realtors will quickly browse the internet or lean on the SPIS to fulfill their obligations. We can tell you that less than .03% of Canadian real estate professionals currently use iVerify on all transactions.
A property exposed to production of drugs can pose serious problems to its existing or new owner:
Mould can be found in every home. Exposure to mould does not always have negative health effects. However, some people may be more sensitive to mould:
Common symptoms of mould sensitivity may include:
Most mould exposure symptoms are not serious or long-lasting. However, if you are experiencing any of the symptoms above, you should contact your family doctor.
Fertilizers and pesticides may be used in marijuana grow operations to enhance growth and control weeds, fungus or insects. The fertilizers and pesticides may leave chemical residues on household surfaces and should be removed as part of the cleanup process.
As with mould exposure, some people may be more sensitive than others to fertilizer and pesticide residues:
Being exposed to pesticides does not automatically mean that individuals will suffer a negative health effect. The toxicity of the specific pesticide, the concentration, how long an individual was exposed and the frequency of exposure, may contribute to an adverse reaction to chemical residues.
Common symptoms of pesticide poisoning include:
The symptoms above can range in severity. Contact your family doctor if you are experiencing any of these symptoms.
Other safety concerns from a property found to be a marijuana grow operation (MGO) include:
Insurance claims database search is one of the most important part of our report. This section of the report will permit you to identify if there is any trace of previous claims activity relating to a property. Keep in mind that most insurance companies in Canada will look at the claims history of the home to set its premiums. Therefore here are a few reasons you MUST insist on getting this information.
Giving this information to your home inspector will provide them with better knowledge on what might be hiding behind the walls. Remember that no one really knows what's going on behind the walls of the home – getting this detail will give you a much better picture.
The iVerify report provides powerful information that in many cases is only to the benefit of the homebuyer. Buying realtors, home inspectors and mortgage brokers have a strong financial incentive to get a home sold as quickly as possible. Only the homeowner themselves has a strong incentive to ensure that they get the best possible home at the best possible price. While there are many trustworthy people in real estate, the final word in any home transaction is "caveat emptor" – buyer beware.
The process of buying a home can be confusing at times, who does what? Who is responsible for telling you what you should know about the property? What are the right questions to ask? Who will ask them for me? What do I need to know about this property? What is this property hiding? Why are they selling? Why are they REALLY selling? Are we missing something? The uncertainty and the lack of understanding can be overwhelming.
Your trusted professional is always the first and proper channel to use to get our report. We always advise homebuyers to first ask their agent or their chosen home inspector for the report. That being said you must be prepared and we mean really prepared to insist on getting it. Here are some of the objections you'll hear when you ask for an iVerify report:
Unfortunately none of these explanations actually protect you from buying a home that has serious defects or had past drug activity. There is no insurance that fully protects you and even if there were, the insurance will not heal any health issues or refund the time you need to take to fix these problems. Property issues can happen in any house in any neighbourhood. Grow ops spring up in every demographic region – regardless of income or property value. And, most importantly, no one, regardless of their experience can tell exactly what has happened in a home unless they witnessed it.
Well wouldn't you like to know! All kidding aside, iVerify connects with hundreds of existing databases around the country to search for any data that matches the address your looking for. Here is what happens in milliseconds behind the curtain:
This is by far the most popular question. Here is the short answer: Municipalities, insurance companies, police forces and other agencies across Canada hold databases with proprietary information relating to most Canadian addresses. iVerify connects you to these databases and allows a user to search an address to obtain this information in real time to permit you to make an informed decision or simply know more about your property.
Well, contrary to popular belief, no record DOESN'T mean we didn't find anything. No record means that we have searched the entire database for any trace of "a certain event" and found no trace of that event. Rest assured that if we write "no records" it's not because your address wasn't found, it's simply because our search came back clean. You can be confident that there was no hit on insurance or grow op data.
In the unlikely event no data is returned you will see the following message " One or more data sources returned no data possibly because of an unrecognized address. Please contact us for more information" you should email us immediately at info@iVerify.com. We will make sure to fix the problem ASAP.
If you see a report display with "no records" or other type of data rest assured that the process was successful. If it isn't you'll see the following message " One or more data sources returned no data possibly because of an unrecognized address. Please contact us for more information" in the improbable event you see this message on your report you should email us immediately at info@iVerify.com. We will make sure to fix the problem ASAP.
This means that iVerify could not locate any recorded data that proves there were claims on the searched property. There is a very high chance that no claims were ever recorded on that address and that no electronic traces exist. It could also mean that if you hear of any undetected occurrence it might not of been serious enough to declare to the insurance company, municipality or police force. This is a great thing – take heart that we've searched every available avenue and the property is coming up clean!
This could mean an occurrence was reported but the claim was never processed, paid or approved. It could also mean that the event wasn't repaired professionally. In the event you're purchasing a home you should inquire on the circumstances of the event and how it was rectified.
Home sales often happen outside of the public market – through things like inheritance, transfers, foreclosures, etc… In these instances, the home sale price is recorded as close to zero as possible.
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