Getting a Flood Cert or Flood Certification on a Property

Protect your client in a cash deal with info on how to get this done.

Simply defined, a flood cert or flood certification in real estate is a document that states the flood zone status of real property. FEMA (Federal Emergency Management Agency) flood maps are examined using the address or geographic coordinates of the property. Using the location on the map, the flood certification provider certifies what, if any, flood zone in which the property is located.

In purchases where there is a lender involved, the lender has a resource to accomplish this task. The fee is charged to the buyer in the 800 series items on the HUD-1 Settlement Statement. The lender is, of course, protecting their loan asset by verification of the risk of damage or loss by flooding. If the property is at risk, it doesn't necessarily preclude a loan, but flood insurance could be required.

You can access FEMA flood maps online, and there are several providers of online flood certifications in the links at the end of this article.