Governor Sonny Purdue has issued a State of Emergency due to the rain and flooding in Georgia for 17 counties.  This will affect any closings you may have in the next 30 - 45 days.

Due to the flooding and water damages, lenders will be requiring final inspections on properties that are closing and had been appraised prior to the declaration.   Most of the lenders will require either a final home inspection or a disaster report, as they will need to confirm that they have loans that are insurable and that the properties are still a viable asset.  The additional lender requirements are already delaying closings across the city, regardless of the lender.

If you are an agent in Georgia, a seller or a buyer who has a home under contract, please be pro-active and make sure that if the lender is requiring a disaster report and/or an updated home inspection, that they are ordered immediately to prevent delays. 

The counties affected include:  Carroll, Catoosa, Chattoga, Cherokee, Clayton, Cobb, Crawford, Dekalb, Douglas, Forsyth, Fulton, Gwinnett, Newton, Paulding, Rockdale, Stephens and Walker.

If you were impacted by the flooding this week, our thoughts are with you.

Posted by:  Kerry Lucasse - Atlanta GA Real Estate Agent - Atlanta Home Search Team
The ATL Home Search Team is part of Keller Williams Realty,
specializing in Intown Atlanta Real Estate, Condos, Lofts and Historic Homes