Real estate blog entries tagged with flood plain

Blog entries tagged with "flood plain":

flood plain: Mandatory Flood Insurance for Certain Areas of Sacramento Becomes Effective in December - 10/16/08 10:28 AM

Flood insurance will be required by December 8, 2008, on all mortgaged homes in the north Sacramento area, which includes Natomas. The following ZIP codes, comprising more than 26,000 homes, will fall under flood insurance requirements: 95833 to 95838 and 95815.
Basically, it boils down to this: if you buy a … (14 comments)

flood plain: Revised Flood Zone Maps for Orland Park - 09/29/08 05:52 PM

I have a beautiful Orland Park property for sale that was a previously expired listing. The original pricing was in the $500,00's with a reduction to $499,900 before it expired. I took it at $489,900 and we quickly got two offers. However, neither of the potential buyers had their homes sold … (2 comments)

flood plain: Understanding flood insurance and the risk of flooding - 08/11/08 03:36 PM

This may help with some understanding of flood insurance and flood prone areas.

… (0 comments)

flood plain: To Whom It May Concern: - 08/09/08 01:16 PM

Yesterday, I received an "informational" fax from our attorney re the sale of my listing. This fax was from the buyer's attorney. Know this that that the subject property was sold as a "total gut rehab" and sold $100K below the lowest sale (even short sales). In included in the pricing … (3 comments)

flood plain: Town of Scituate Flood Information Workshop - 02/14/08 09:57 PM

Town of Scituate Flood Information Workshop for homeowners and residents will be held March 13, 5:30-9:00pm downstairs at the library. Topics covered include:The Community Rating SystemFlood InsurancePermit RequirementsSubstantial Improvements / Damage RepairDrainage MaintenanceProperty Protection MeasurersFlood SafetyFlood Warning SystemFlood HazardNatural and Beneficial Functions of Beach and DuneFlood Insurance Rate Maps (FIRMs) InformationAll … (0 comments)

flood plain: Flood plain rezoning in the Upstate of SC - 11/10/07 08:46 PM

In the Upstate of South Carolina FEMA has just rezoned properties. These won't be available until April of 2008. If you have a property in an old 100 year flood plain, it might be removed. This means that you won't have to carry flood insurance any more.
My sister-in-law is in insurance … (3 comments)

flood plain: A New Offer to Purchase and Contract for North Carolina - 10/08/07 03:55 PM

Changes are brewing for the way North Carolinians buy and sell properties. In fact, as of November 1st, Realtors® will be using a completely revised "Offer to Purchase and Contract" form. What does this mean for you? Plenty, if a move is in your future.
The new contract is lengthier, more complicated, … (7 comments)

flood plain: Scituate Extends Application date for Grants to Elevate Homes and Utilities to Oct 18 - 09/21/07 06:49 AM

Scituate has announced they are accepting applications for grants to elevate homes in the flood plain. Applications are due October 11 (extended to Oct 18) and will reimburse up to 75% of the cost of raising utilities up to $10,000 and 75% up to $40,000 to elevate a home. Visit the Scituate town … (0 comments)

flood plain: Flood Plain "Gotcha" - Would You Have Known This One? - 06/05/07 10:48 PM

Recently we came across a case study that reminded us how easy it can be to overlook important information when representing clients in a transaction. Here's the scoop, in the hopes it will help someone avoid making the same mistake in the future:
Home buyers Bob and Ellen (not their real names) weren't … (3 comments)

flood plain: Homeowners Insurance - 05/30/07 11:44 PM

Omaha Real Estate Contributed by David Matney with Alliance Real Estate
In my opinion, alot of real estate agents do not give enough thought to homeowners insurance when representing a buyer when purchasing a home. Most agents just think it is just another box that needs to be checked before closing. Here is … (4 comments)

flood plain: Dishonest Agents or Owners? Just disclose property! - 09/23/06 12:14 PM

Ugh, I got a call from a lady yesterday that got my name from a store owner I know. She was told by her attorney that even thought she was already represented by an agent, to contact another REALTOR to set her mind at ease about a situation.
The situation was … (2 comments)