Is My House In A Flood Zone?

Is My House In A Flood Zone

Transcript from Video:

Hello, my name is Mark Schreier and I'm a real estate agent with century 21 American Homes Real Estate right here in long or on Long Island New York. Today we're going to discuss is my house in a flood zone and give you some helpful tips on how to find out or answer that. Uh, question number one, should you buy if your house is in a flood zone? Uh, that totally depends on you. Some houses are in flood zones as we know, floods don't happen that often in certain locations, in other key areas across the country. They happen very often. So it's a totally personal decision. But what you should do is find out, do you due diligence and find out before you make that purchase. If you're in the flood zone and if you are in a flood zone, the label or the designation of that flood zone biggest, there are ones that are considered hundred year flood zones, one that are, are considered highly unlikely to flood.

And some that flood continuously and you need to know before you make one of the most, we're one of the largest purchases a of a lifetime for most people. There is a website that you can log onto for free. It's a FEMA website and it's a free flood zone checker basically. And I'm going to include on the bottom or top, depending upon the platform, you're watching this on a link to that femur website where basically you just type in your address, including your area code, or excuse me, your zip code and um, it will bring up a map for your particular area and tell you the flood zone that you're in. Now, some of you might think there's no body of water near where you're living. You can see it. So there's no flood zone there. It's, it doesn't exist. But I will tell you there are some creeks and little streams that can flood a times.
And if you new to an area, it's worth the five minutes it's going to take to check on this, a femur website to see if in fact your house is in a flood zone. Also if you're, if you don't do it and then you go to purchase the house, you're going to be in for a rude awakening when you find that you need to purchase flood insurance and sometimes the flood insurance can be very expensive. So on that note of flood insurance, I'm not going to share with you a tip that can save you a significant amount of money. If you do find out that your house is in a flood zone and it's required to have flood insurance, it's very important that the, if the preexisting owners most likely have flood insurance to find out if that flood insurance is transferable to you because if it is transferable, you can save yourself a lot of money.
Uh, definitely do your due diligence and go out and price flood insurance on your house. And then s the homeowners or the agent representing the sellers, what is the price they're paying yearly for their flood insurance and is their flood insurance transferable? A and definitely go with the best deal naturally. But a lot of times you save yourself significant money if the current homeowner has a policy that is transferrable to the new owners. So I hope that helped. If you liked this video, please give me a thumbs up, subscribe to my youtube channel and leave any comments down below for future topics. Again, this is Mark Schreier Century 21 American homes and thanks for watching.
Hello? Yes, I'm talking to you, the person that watched my video to the very end. Thanks a lot for watching. If you enjoyed it, please give me a big thumbs up. Subscribe to my youtube channel like me on Facebook. I am a licensed real estate agent in New York state, but I also have a referral service that deals nationwide. So if you're looking for to buy or sell a house anywhere in the United States, please send me a text, contact me via phone and I'll set you up with a local professional in your area. If you're in my vicinity of the more than happy to help you out in any of your real estate transactions that you'd like. This is Mark Schreier from century 21 American homes, and I'll talk to you soon.

RESOURCES & LINKS MENTIONED IN THIS VIDEO:

Flood zone property search:

https://msc.fema.gov/portal/search

Please feel free to contact me with questions via: email, text or a phone call.

email: Realtor@markschreier.com

Cell: 516.263.9094

Subscribe to my YouTube Channel:
https://www.youtube.com/channel/UCbLijRRI32zyVqIFWv3jzGA


Website:
www.markschreier.com

Making Dreams Come True One Home At A Time.

Pinhole Leaks And Selling Your House. Facts You Need To Know

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Transcript

Pinhole leaks and the sell-ability of your house, attention homeowners. If you know what I'm talking

about, then you need to watch this video. [inaudible] if you live in the town of Plainview, Old-

Bethpage and or the surrounding communities, we've been inundated the last couple of years with 

the copper tubing becoming problematic in that first study to develop these little tiny pinhole leaks 

and causing homeowners a lot of unnecessary expenses with repairing walls, with sheet rock and 

fixing the plumbing. And most of the time the plumbers come in and instead of replacing it with 

copper, they're replacing it with something called Pex, which is a plastic, uh, piping that does not 

corrode. The reason why this is happening is up to debate. If you live in the towns, you know what 

I'm talking about. Some people believe it's because the houses are at least 50 years old or more and 

copper tubing is not made to last that long. And others believe it's a problem with the water from the 

water district and the town has, or the water district has hired professionals to come in and do some 

research and some people believe for the most part that that's helping. But I will tell you, being a 

homeowner in the town of Oyster Bay, um, I just had a leak about the last three months, maybe about 

four to $500 to repair it. And that's with me doing the sheet rock myself. 

So the problem still exists 

So if you're trying to sell your house and you're having this problem, what can you do? Well, number 

one, if you have a leaky pipe, you have to repair it. If somebody's coming to buy your house and 

they're using a mortgage with which most buyers do, it's never going to pass the appraisal process. 

They're going to see leaky water or leaky pipes. They're going to see possible other damage that can 

be caused from this. And it's going to be a red flag right there and it's going to be half through the 

repair. If you're selling to an investor, then there is no criteria, they'll buy the house as is. If that's in 

your contract, a cash deal, no banks involved, you can move on and sell it. But in that case we 

usually sign it at a discounted rate. So can you sell a house with pinhole leaks after you repair them? 

Of course you can. Uh, when people come in to buy these properties, they have to realize they're 

buying a used status and not buying something brand new. So when they buy a house, there are other 

possible preexisting conditions that could be problematic as well. So you as a seller can do 

something, what we call it, pre home inspection. You can get a home back to the, come into the 

house and look in all the areas where their border might be leaking. Understanding that home 

inspectors will not remove sheetrock to look behind something. But if they see a sign of water 

damage on the ceiling or on the side, they'll red flag it and say there's a problem there. And then you 

can hire a plumber bringing in and fix the problem before it is a reason why you possibly lost the 

buyer that wanted to buy the house. And as a buyer, what you can do is definitely always get a home 

inspection. And if you see an area that's problematic, you can talk to your attorney about possibly 

putting some money in escrow where it's held by the attorneys. And then when you take ownership 

of the house or if you want to work it out before that with your attorneys, you could possibly have 

them a check a little further into a problem where there might be a leak and get it repaired or leave 

money on the side, or reduce the amount of your purchasing dollar amount by whatever it would cost 

to possibly fix that. So again, pinhole leaks and selling your house. It can be done, but it is a sign of 

the times. If you have any other questions or comments, please leave them below. And if you like 

this video, please give me a thumbs up. And this is Mark Schreier from century 21 American homes. 

And thanks for watching. Hello? Yes, I'm talking to you, the person that watched my video to the 

very end. Thanks a lot for watching. If you enjoyed it, please give me a big thumbs up. Subscribe to 

my youtube channel like me on Facebook. I am a licensed real estate agent in New York State, but I 

also have a referral service that deals nationwide. So if you're looking for to buy or sell a house 

anywhere in the United States, please send me a text, contact me via phone, and I'll set you up with a 

local professional in your area. If you're in my vicinity, I'd be more than happy to help you out in any 

of your real estate transactions that you'd like. This is Mark Schreier from Century 21 American 

homes, and I'll talk to you soon.

Subscribe to my Youtube Channel:
https://www.youtube.com/channel/UCbLijRRI32zyVqIFWv3jzGA

Visit my website

What is the role of the attorney for the buyer when purchasing a house?

Hello everybody. This is Mark Schreier from the century 21 American Homes,

 And I am with Sandra Radner,  a real estate attorney out here in Melville,  and the question I have

for Sandra now is what is the role of an attorney in the real estate transaction for the buyer this time

for the buyer?  

So, the role of the attorney for the buyer, again, if you have an attorney picked up

before you actually find the house you're buying, it makes things a lot easier. But really what you 

need your attorney for is to protect you to make sure that everything that you've negotiated with the

seller is contained in that contract. So, for example, if the seller said they were leaving all the

ceiling fans in the house, um, and then that doesn't get into the contract, they could take those

ceiling fans when they move. So you need to make sure that you communicate with the purchaser's

attorney, with your attorney, that these are the items that were agreed to. This way when they get the

contract from the seller's attorney, they can review it and make sure it's complete. Because once you

sign it, it's very difficult to go back and change anything.

Usually if you have a very agreeable attorney on this representing the seller, sometimes things can

be changed later, but usually they can't be. So, it's very important to get everything into the contract

the first time. The other thing is  that it's always recommended that you have an engineer's report or

an inspection done of the home before you go into the contract. And the reason is  that sometimes

things are disclosed during that inspection. So, for example, the heating system might not

be working properly or there might be a problem with the plumbing or with the electrical

system. Those are things that can help you to either negotiate the price, maybe making the price of 

the purchase price lower, or it might  be something that's going to be repaired prior to the closing.

And if there's something that's going to be prepared, I mean repaired or something, that's going to

be just a price that needs to be made part of the contract so that it's enforceable.

Great, that's a lot of information. Uh, but it's really simple. If you listen to the video a couple of times

and just take some notes while she's going through the list, and if you still have questions, you can

reach out to us. Our contact information that will be on the bottom of the video.

Thanks again for watching. 

Mark Schreier LSA, CBR,                                        The Law Offices Of Sandra Radna

www.markschreier.com                                            http://www.radnalaw.com

516.263.9094                                                             631.754.6382

Subscribe to my YouTube Channel:
https://www.youtube.com/channel/UCbLijRRI32zyVqIFWv3jzGA