The new FEMA flood maps are out and things have surely changed in Corvallis, OR.
Homes that never had the touch of water are now in the flood plain and with that flood insurance is a big factor in selling a home.
The most important document to obtain is an elevation certificate. Established by a surveyor, it gives an insurance carrier the data needed to assess risk and with that establish the right amount of premium for the property.
Are you planning to sell your home in Corvallis, OR or in North Albany, OR? Then determining if your home is indeed in the flood plain is the first step.
Visit www.floodsmart.gov , type in your address and your risk level will be shown. Provided that you are in a flood zone the next step is to find out if you already have an elevation or flood certificate. If not, call a local surveyor and get it done.
It is entirely possible that you never had flood insurance before, especially if you do not have a mortgage. If you had a mortgage in the distant past it could be that at that time your home was not required to carry it.
Flood problems are on the rise nationwide and tackling this before you put your house on the market will take one more hurdle down to successfully sell your home.