U.S. Geological Service Issues Report on California

They reported that there is a 99% chance that California will experience a 6.0+ earthquake in the next 30 years. Southern California's has a slightly higher chance for a large scale earthquake than northern California.

What that means is that every family needs to have a "plan." That plan should include contingencies for communicating their status (arrange for someone out of state to be your contact person). It's critical that each person have an emergency kit in their car that includes comfortable walking shoes, water, flashlight, batteries,thermal blanket, jacket, first aid kit and snacks that have a long shelf life (like Cliff bars).

You should also have a more elaborate kit at home that will sustain you and your family for at least seven days. There are many sites that have lists of supplies, etc.

Here's one that seems to be pretty thorough.  http://www.quakekare.com/emergency-preparedness/earthquake-preparedness.html

FYI: Central California is looking like one of the safer places to be during a major earthquake. Consider investing in Central California and the Central Valley.

 

 
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2 Comments on 1031 Exchanges - Earthquake Preparedness

MAY
11
2008

Lisa, you are so right. As a southern Cal resident having gone the Northridge earthquake in 94 you would thing that I am prepared.

Well I am sorry to say that I am not. This should go to the top of my list. Thanks for bringing it up.

1:03am • #1
MAY
12
2008
1 Featured Post

I know! The reason I wrote the post is because I am not prepared yet either. That report gave me a well needed wake up call. I need to find the link to amend the post.

12:52pm • #2

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Lisa Lambert, Esq. (1031 Exchange Expert)

Fresno, CA

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1031 Exchanges - Asset Preservation, Inc.

Address: 7395 N. Palm Bluffs Avenue, Suite 102, Fresno, CA, 93711

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Discussing 1031 Exchange Issues and Related Real Estate Issues in California. Specifically focusing on the Merced, Madera, Fresno, Selma, Reedley, Oakhurst,Visalia, Hanford, Porterville and Bakersfield areas.

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