It may require getting a survey done to determine this (the current owner may have one). 

Have your agent check them as well- check to see if there is a survey of the property to determine the elevation of the lowest floor. 

Aside from sales charge and attorney fee,  seller’s closing costs in this area are: title search (800) survey (400) transfer deed ($9 per $1,000 of sale or $4 per 1,000 depending on County/exemption status).

Over the course of the last 10 years I've performed dozens of Phase 1 and 2's as well as Environmental Baseline Surveys, Condition of Property Assessments, an EIS or two and would love to help clear up any confusion you may have...or at a minimum get you pointed in the right direction.  

Need to do a survey on a property in the Northern New Jersey area.

Some ideas from others: * Bank loans are not available on some types of properties * The tight lending climate has made bank financing "out of reach" for many * Seller financing is an "age old" tradition based on private property rights * These rules would prohibit even partial seller financing – i.e. a "seller second" * According to HUD's "Residential Finance Survey" in 2001, roughly 40% of all non-farm residential properties in the US are owned free and clear * An estimated 6 million Americans own a property other than their own primary residence * An estimated 4.5% of Americans own three or more properties, many purchased solely as investment properties * 40% of non-owner occupied residences are mobile homes which are more difficult to sell with bank financing * Approximately 5% of homes in US are for sale or for lease… seller financing may be key to liquidating this inventoryThe continued success of our industry as we know it is threatened by these proposed regulatory changes.

First, I would survey the status of my cash reserves.

So in that case the landlord ends up fronting the money and takes typically years to fully recover from the tenants.I like to get inspection early in the process to get these credits right away before big money is spent on attorney,title, lender reports ( environmental phase one, ALTA level one survey, appraisal,etc.).

I typically need 75 days to pull together the plans, survey, and get a completed site plan so I can pull permits.

Anyone recommend a Land survey person or company that gives good rates?