Thinking about buying in San Diego?  Concerned about the recent earthquake activity in San Diego?  San Diegans have recently been reminded to prepare for the event of an earthquake that may or may not cause extensive damage.  This post is not to alarm, because honestly, I would rather "shake and bake" in San Diego, than "sneeze and freeze" in the east or midwest.

The information below is to help buyers understand their potential earthquake risk when choosing to buy in San Diego.  California has enhanced their building codes, strengthened highway structures, and reviewed their emergency management organization to help reduce injuries and damage in the event of an earthquake.  All measures to ensure the welfare of all citizens in the County of San Diego.

Below is a list of a few factors to consider when buying a home in San Diego or any area affected by earthquakes:

1)  Consider the geographic location of the property.  Identify any active earthquake faults or areas that might have landslides or liquefaction.  Shakemaps are available from the California Integrated Seismic Network.     You can also view "Did You Feel It?" website that provides citizens experiences in their communities.  In California, sellers provide you a Natural Hazard Disclosure Statement or report, indicating whether the property is in an earthquake fault zone or a seismic hazard zone.  Research is important!

2)  Know the type of soil the property is built on.  Does it have clay?  Is it on fill?  What are the risks to the soil if there is an earthquake?  Ask the seller to provide you this information. 

3  How old is the property?  Does it have a raised foundation or a slab?  What retrofitting programs are available and how would they benefit the property? 

4)  Evaluate the investment in the property.  Will there be equity in the home?  Would you have insurance to cover rebuilding or recovering your loss in the event of an earthquake?  Don't forget to include your belongings in the evaluation.

5)  Consider looking into buying earthquake insurance for the property.  Is it available and how much would it cost?  If you are interested in buying a condominium or townhome with an HOA, ask to see the HOA's policy and ask if earthquake insurance is included.  A complete list of insurance companies that provide earthquake insurance is at the California Earthquake Authority website. 

San Diego is a GREAT place to live and earthquakes are simply a part of our terrain - research and preparation are key to making your home investment safe!

Related Laxson Realty Post:  Earthquake Preparedness in San Diego, California