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Recent Georgia flooding leads to delays in closing some properties in affected counties!

2009 Coweta County FloodAfter the record breaking floods in the Atlanta area over the past few weeks, we are still discovering some unpleasant after-effects of the disaster.

We are having some closings delays as appraisers for some lenders are being asked tp re-evaluate potential damage from floods and excessive rain and also are analyzing the potential risk for future flooding.

And as you can imagine, the appraisers are already burdened with all of the activity already in progress due to the expiration of the $8000 first time homeowner's tax credit. This new issue of re-inspection could add delays across the board.

It's just another chapter in the continuing saga of Coweta County real estate!

Posted Tuesday Sep 29