ATTENTION ALL WATERFRONT SELLERS AND BUYERS!!! VERY IMPORTANT INFO!! Tip of the day: SELLERS, if you are planning to sell and you are on or near the water including the Black river, you must find out if your in a flood zone. If you are then you will need to hire an surveyor/engineer to do an elevation certificate which will run $700-$1000. If you know you are already in a flood zone, you STILL need an elevation certificate as your buyer can not obtain a new flood insurance policy with out it. BUYERS: Please be prepared to pay some type of flood insurance, although with an elevation certificate it will drastically bring down the cost or possibly eliminate it from a flood zone all together! LOMA "Letter of map amendment" will take the parcel out of the FEMA flood zone all together. This is the last step a buyer can take after closing on the property to hopefully eventually remove from flood zone. Sellers you must act now, the few surveyors that can do the "Elevation certificates" will probably get very backed up in the summer and cause buyers to walk. Buyers, please have some patience, the superb agents here at Lake Ontario Realty LLC are trying to stay way ahead of this for you! Contact one of our outstanding agents today for more help and info! Todd O'Donnell-Lic RE Salesperson, Gail W Miller-Licensed RE Salesperson, Kim Call-Licensed RE Salesperson, Desiree L Webster Lic. RE Salesperson, Lois Aubin, Anne George, Jeanine Powell, Barb Mckeever, Patricia Aubin, Beth Hopkins, Linda Donaldson or Amanda Miller. http://www.dailyfinance.com/2014/01/19/1-massive-threat-to-real-estate-across-the-country/