1,502,998
Natural hazard disclosure during escrow.
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Hella M. Rothwell, Bro...
Carmel by the Sea, CA
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
1,311,397
In California, it is a legal requirement that a seller provide a Natural Hazard Disclosure Report to a buyer. We use companies who specialize in preparing such reports to meet that requirement. Those reports show flood zones, earthquake zones, landslide zones and more.
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Hella M. Rothwell, Bro...
Carmel by the Sea, CA
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
1,090,637
Praful Thakkar
The FEMA maps are not current...still show data from March 2014 but they were redrawn after Irma so not accurate.
I call local independent insurance agents instead,
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Lyn Sims
Schaumburg, IL
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
1,052,211
Our GIS has a wonderful interface with County Flood Control and FEMA Maps. Also via ESRI and STDB which are CCIM tools I can get a flood map. And if there's any doubt we can actually call flood control and confirm the flood plain determination.
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Lyn Sims
Schaumburg, IL
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
2,220,323
I have an insurance agent in my office that can identify the flood zones if need it.
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
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Anthony Acosta - ALLAT...
Atlanta, GA
4,572,183
It depends. On who is asking. I tend to "cite the source".
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
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Ron and Alexandra Seigel
Carpinteria, CA
1,231,853
Check with the local municipality. In my area the maps were redrawn recently.
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Debe Maxwell, CRS
Charlotte, NC
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Diana Zaccaro Broker A...
Cocoa Beach, FL
2,781,173
Tax bill indicates as does the city or county web sites...
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
3,345,091
My lending partner is a great resource. They are smarter than smart and they know what they are doing. They always to source for verification and validation.
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
5,583,278
the listing agent should have the info....flood insurance is very expensive and it needs to be disclosed.... the owner knows if it is or is not....
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
900,128
There are flood maps; can't answer for insurance companies.
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
2,684,009
Leon County Growth Management. But the insurance company makes the final call.
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
1,844,301
Flood maps are all over online.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
5,230,068
We used to have a great website where we could locate that information but, since our maps have been re-drawn, I go directly to the city as the online maps are no longer accurate. After 5-7 years, you'd think they'd be though!
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Diana Zaccaro Broker A...
Cocoa Beach, FL
6,393,404
The maps here are very clear, and the lenders always double check.
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Debe Maxwell, CRS
Charlotte, NC
519,324
I use our MLS site which links to county resources. I don't assume them to be 100% accurate, but I assume they are if it indicates a flood zone is present. Lenders charge a fee for a Flood Certification prior to approval. I haven't been surprised by an unexpected finding yet.
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Debe Maxwell, CRS
Charlotte, NC
4,272,548
5,216,398
Check online and leave the determination to the lender if in doubt.
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Mary Yonkers
Erie, PA
7,836,134
I like the answer by Ken Jones, ASA, SCGREA, CRES.
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Mary Yonkers
Erie, PA
556,536
In the end, it is up to the the asset manager to make the determination. We have had them require flood insurance for a house in an X Zone, where no flood insurance is required, simply because there was an AE zone in the same panel on the FEMA map. So those FEMA maps are accuarate, but not always for insurance requirements.
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Debe Maxwell, CRS
Charlotte, NC
1,239,901
5,772,575
2,161,048
I use IMAPP, it does indicate the flood zone designation for individual properties.
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Debe Maxwell, CRS
Charlotte, NC
87,920
5,868,554
55,673
If going for a mortgage the mortgage company will run a flood cert. If you want, call any local insurance company, they must know in order to give quotes. I deal with this all the time, as I lend money on homes located on an island. Find out what the zone rating is for this will determine if needed and the cost due to the elevation.
851,242
544,014
465,398
4,434,127
117,135
3,071,489
4,800,082
1,027,602
628,764
If the property has recently been placed in the flood plain you can have an elevation survey done to remove it. Check w/ the lender, appraiser or insurance agent to find out
427,257
I use our Sewer District's Floodplain Determination site. If not there, then I will use Lojic for searching an address.
3,986,258
3,988,007
The first step is the seller is to disclose this on the disclosure form. The next way is on the CRS records and the insurance company will know and then of course the lender and title company will also check.