(Source: Reuters)

Marijuana grow-ops are a huge industry in parts of Canada, creating health and safety risks and leaving both unknowing home buyers and mortgage lenders vulnerable to fraud, a conference heard on Friday.

Risks include the impact of fertilizers and pesticides used within closed-off spaces, as well dampness that eats away at walls. A buyer might not recognize a cosmetic touch-up job, only to face massive bills on a home that might even have to be torn down.

Read the full article “Canada grow-ops send home values up in smoke” at Reuters (Nov 6, 2009).

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