What might be a consequence for the buyers if the environmental impact statement indicated a property value decrease?

When an environmental impact statement reveals that a property has a decreased value, buyers can potentially leverage this information to negotiate a lower price for the property. This scenario illustrates the direct connection between a property’s perceived value and a buyer's negotiating leverage. The findings of the environmental impact statement can serve as a strong basis for the buyers to request a price reduction, as they could argue that the negative impacts identified may affect their long-term investment and enjoyment of the property.

In this context, negotiating a lower price reflects prudent buyer behavior, allowing them to protect their financial interests in light of new evidence regarding potential risks associated with the property. Buyers are not obligated to proceed with the purchase if the environmental findings are unsatisfactory, nor are they automatically in danger of losing their earnest money or required to sell their current home. Each of these options does not adequately address the buyers' agency in responding to the findings of the environmental impact statement.