Thursday, September 24, 2009

Flooding Across Metro Atlanta Area Affects Closing

I hope that all of you are safe and dry. Due to the recent flooding in the Metro Atlanta area, there are several counties that have been placed on the "State of Emergency" list.

They are as follows: Carroll, Catoosa, Chattogga, Cherokee, Clayton, Cobb, Crawford, DeKalb, Douglas, Forsyth, Fulton, Gwinett, Newton, Paulding, Rockdale, Stephens and Walker.

This means that if you have a property under contract in any of these counties and the appraisal has already taken place, a Lender Certification or Final Inspection will have to be performed on that home before a lender will allow it to close. This is an industry-wide issue; therefore your closings may be affected by this.

Contact your lender to verify that you are good to close.

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