In our 20 years in business, we came across a brand new “thing” that we have never seen before. It had us questioning our results regarding an elevation certificate that on a property that was in the floodplain. What we learned is that sometimes the devil is in the details.
JANUARY Realtor Resource for YOU!
FEMA: Mapping Information PlatformThis site provides tips and tutorials for reading a flood map, reading a flood insurance study, and information regarding FEMAs Letter of Map Change. This resource also provides information regarding the electronic Letter of Map...
Is it worth getting a survey when buying a house?
Purchasing a home is one of the largest and most important decisions that you were going to make during your lifetime. One of the optional things you have to consider is whether or not you want a survey performed on the property. Don’t underestimate the importance of this step!
Does an Elevation Certificate Expire?
An Elevation Certificate (EC) doesn’t have an expiration date per say, but there are some factors that do play a role in determining if an EC is still “good”.
No house on the lot? That’s not what I thought I was purchasing!
Can you image how you would feel if you bought a vacant piece of land when you thought you were buying a piece of land with a house on it? I can only imagine the headache this has become for the current owner and neighbor, as well as their lenders.
How long is an Elevation Certificate Good For?
An Elevation Certificate (EC) doesn’t have an expiration date per say, but there are some factors that do play a role in determining if an EC is still “good”. First thing to keep in mind is to consider if the FIRM been updated? The Flood Insurance Rate Maps (FIRM) are...
Does An Elevation Certificate Expire?
An Elevation Certificate, otherwise known as an EC doesn’t have an expiration date, but there are some factors that do play a role in determining if an Elevation Certificate is still “good”. Has the FIRM been updated? The Flood Insurance Rate Maps (FIRM) are updated...
New: Flood Insurance Extension & Reform Coming
The Senate approved a bill this week, and the president signed it, to keep the National Flood Insurance Program operating for four more months. Find out why NAR is still urging for reforms to make the program solvent and sustainable for the long term. Full article:...
How To Read An Elevation Certificate Part 2
An Elevation Certificate (EC) contains a wealth of information regarding a property and its risk of being flooded. The EC is performed by a Professional Land Surveyor or Engineer. This article further discusses the second half of the EC, please refer to the image...
How To Read An Elevation Certificate
Part 1 An Elevation Certificate (EC) contains a wealth of information regarding a property and its risk of being flooded. The EC is the form provided by the Federal Emergency Management Agency (FEMA) to determine the risk of flooding. The EC...