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What Needs to be Disclosed in Storm Damaged Real Estate on Long Beach Island

Nathan Colmer | Van Dyk Group

C: 609.290.4293 | O: 609.492.1511

What Needs to be Disclosed in Storm Damaged Real Estate on Long Beach Island


Property disclosure in the LBI real estate market should be viewed by all parties as a positive rather than a negative. If you are planning on selling your property, it is without question in your best interest to disclose all that you know about the house-both good and bad. Most buyers in the LBI real estate market will conduct a home inspection so issues with the property will eventually come to light. It is far better to be upfront about the issues and adjust your price accordingly so as to avoid a potential “deal killer” later on. Buyers too have much to gain from Property Disclosure, Hurricane Sandy and the LBI Real Estate Market. By knowing what to look for and asking the right questions, a buyer in the LBI real estate market can protect oneself from a potentially costly mistake. 



What Needs to be Disclosed in Storm Damaged Real Estate on Long Beach Island

LBI Real Estate Buyers




Hurricane Sandy and Long Beach Island

Hurricane Sandy made landfall on Long Beach Island at the end of October 2012 and while the storm has passed and most of Long Beach Island New Jersey has made a full recovery, there are still many questions on the minds of LBI residents and those looking to buy or sell real estate in the Long Beach Island NJ real estate market. Apart from the general questions regarding Long Beach Island house raisingflood insurance on LBI and the new Long Beach Island NJ flood zones, a essential question on the minds of both buyers and sellers on Long Beach Island has to do with Property Disclosure, Hurricane Sandy and the LBI Real Estate Market.

What Needs to be Disclosed in Storm Damaged Real Estate on Long Beach Island

Property Disclosure, Hurricane Sandy and the LBI Real Estate Market

For a storm damaged home that was gutted and not restored, the custom has been to sell the house in strictly “as is” condition. It is mostly understood that these homes are being sold for land value with little to no consideration being given to the structure on the property. The owners of the storm damaged home most likely have little to no knowledge of the damage that has occurred and therefore property disclosure on storm damaged real estate is limited.

The area of disclosure in the LBI real estate market that should be of the most concern to potential buyers is in the case of homes that suffered little to no visible damage and/or in the case of homes that have been repaired after sustaining damage from Hurricane Sandy. While there are many areas of concern when conducting a home inspection, there are three important points to consider when looking at Property Disclosure, Hurricane Sandy and the LBI Real Estate Market. They are:

  • Electrical systems in storm damaged homes
  • Mold and mildew caused by Hurricane Sandy flooding
  • Foundations on Long Beach Island Homes

Electrical systems are one of the most important, and potentially life threatening, areas of damage from Hurricane Sandy. Many homes on Long Beach Island suffered no interior damage from Hurricane Sandy however they had water in their crawl space. This is the “silent killer” so to speak as in most crawl spaces have electrical wires and junction boxes. This components are prone to corrosion and can cause fire when not replaced. Sadly, there have been many cases of home on Long Beach Island that seemed to be undamaged by Hurricane Sandy only to burn down later due to unresolved electrical system issues.

Mold and mildew is another important consideration when investigating Property Disclosure, Hurricane Sandy and the LBI Real Estate Market…but it must be kept in perspective. To begin with, all homes have some level of mold and mildew inside. This is a simple fact and it is the case not only on Long Beach Island but elsewhere around the country. The mold and mildew that a potential buyer should be concerned with when dealing with Property Disclosure, Hurricane Sandy and the LBI Real Estate Market has to do with improper treatment of wet areas as a result of flooding. If the interior of a house sustained water damage, all wet areas must be dried and treated with the proper chemicals to kill mold. Contrary to common belief, simply putting bleach on a moldy area will not kill the mold. Rather, a proper solution must be applied to ensure that not only the surface mold is killed but also the underlying root that can cause regrowth.

Foundations are yet another key component to consider in Property Disclosure, Hurricane Sandy and the LBI Real Estate Market. Hurricane Sandy was clearly a strong storm and caused damage to many home’s foundations, especially in Cape Cods on a block foundations. As is the case with mold and mildew, buyers and sellers in the LBI real estate market must understand that a certain amount of settling and cracking is normal on Long Beach Island. What is important to be aware of is any serious and potentially undermining damage

For any renovation of a home, storm damaged or not, the seller should have records of who performed the work. In the wake of Hurricane Sandy on LBI there were a number of "storm chaser" contractors who were in it for a quick buck. It is usually much better if the work performed was handled by local professionals who are still in business.

FEMA keeps track of how much money was paid out to a house. This information follows the house, not the seller, so it is easy to find out if any claims were made and if so, for how much. There are instances of homes that advertised, "No Sandy Damage" when in fact flood insurance claims were filed and paid.

A letter of substantial damage is one of the most important aspects of any disclosure. This letter basically mandates that the house in question be raised above base flood elevation. This is a VERY expensive endeavor usually ranging from $60,000-$100,000 and possibly even more. Some sellers will not disclose this to potential buyers so some background research is always a good idea.

Lastly, an elevation certificate should be requested and investigated. This is the document that determines the current and future cost of flood insurance. by checking this document you can effectively plan for future expenses and ownership costs in the LBI real estate market. You can learn more about flood insurance on Long Beach Island by clicking here.




Real Estate Note

It is always recommended that an attorney represent you in the purchase or sale of real estate. An attorney can give you specifics on what legally should be disclosed and if there are any violations being made.


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Nathan Colmer



The Van Dyk Group

12800 Long Beach Blvd

Beach Haven Terrace NJ 08008