If you have a closing this week and appraisal has been completed prior to 2/11/2021 chances are that your closing will be affected. Because of the recent winter storm and FEMA Area Declaration, which was released this weekend, your lender will now be required to do a final appraiser inspection with pictures and certifications before closing.
The following counties are declared as a disaster area by FEMA: Angelina Aransas Bastrop Bee Bell Bexar Blanco Brazoria Brazos Brown Burleson Caldwell Calhoun Cameron Chambers Collin Comal Comanche Cooke Coryell Dallas DeWitt Denton Ellis Falls Fort Bend Galveston Gillespie Grimes Guadalupe Hardin Harris Hays Henderson Hidalgo Hood Jasper Jefferson Johnson Kaufman Kendall Lavaca Liberty Madison Matagorda Maverick McLennan Montague Montgomery Nacogdoches Nueces Orange Palo Pinto Panola Parker Polk Rockwall Sabine San Jacinto San Patricio Scurry Shelby Smith Stephens Tarrant Travis Tyler Upshur Van Zandt Victoria Walker Waller Wharton Wichita Williamson Wilson Wise
Every loan, lender, and situation is different. So if you are a home buyer affected by this new rule, follow up with your lender, and consult and seek advice from your (7 comments)