Buying home in flood zone

  1. Do I need to buy flood insurance on a ground unit condo?

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    This post is from a post on bigger pockets a real estate investment site.  I worte on anwering a question about flood insruance. Flood Nerd responce to question on buying flood insurance @Aaron K. and @Claire Rosenberg all properties are in a flood zone the only differentiator with the flood zones is the "high-risk" flood zones is your lender will require flood insurance in order to get the funds…Read More

  2. Trouble selling 2 of my homes. Flood land

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    Question: I am having trouble selling 2 of my homes. Erik L Pittsfield MA I'm selling both of my rental houses in town so I can invest out of state. Both are in a flood area so I need extra insurance and home buyers run away once they hear that. In both situations what can I do to help the buyer not freak out and actually want to acquire the property? Answer: Flood Nerd I idea on selling a propert…Read More

  3. Do I buy a home in a flood plain?

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    Home in Flood Plain - Deal breaker? Brax P in Phoenix, Az - Hey flood nerds! I am currently under contract to buy a home in Arizona. The home within close distance to a street that is designated as a flood plain AE which has a 1% of flood annually and is high- risk. How do I get a quote for flood insurance? I am asking my current ins agent to provide but have heard quotes as low as $500 annually o…Read More