February 16th, 2012 categories: Real Estate Tips
There’s always something new in the process from contract to closing on a property in St Petersburg. A survey company that is preparing the elevation certificate on one of the properties we have under contract called us this morning. They were calling for access to the property, telling us that they now have to take a photo of the finished floor, the appliance at the lowest elevation, etc.
A flood certification is often a requirement by the insurance company before issuing a flood policy. Since insurance is required by the lender, it’s good to get these details done early in the contract process. It’s less expensive to have the flood elevation done at the same time as the survey is done, rather than ordering it separately later.
That’s one more item for our Contract Checklist. We like to be proactive.
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