How to Buy Property in a Flood Zone - MUST WATCH!
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- Опубликовано: 27 сен 2024
- Looking to buy a property in Flood Zone AE? Watch this video to learn the top 3 strategies for successful property buying in this flood zone.
Download guide to flood zone ▶️▶️ www.floodinsur...
Flood Insurance can feel complicated and confusing. I know I bought a home in a flood zone more than 12 years ago. I was told the flood insurance premiums were going to be $3000 instead of $300.
I got closed on this house and have been helping people over come these same flood insurance obstacles for the last 12 years. This I why we focus on helping people solve the problems with flood insurance and flood zones every day.
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Get Guide to flood zone AE ➡www.floodinsuranceguru.com/guide-to-flood-zone-ae-ebook
We found a listing that is 10 acres. It goes down to a lake, but it’s listed as having 2 acres that are high and dry.. When I check the interactive map, a large portion is in X. Thats where we would put the house. I’m just timid, because the only house we built was in a subdivision, and everything was already developed into lots.
A large portion of it is an ex that's good news for a mortgage standpoint. However, in building a house like this what you wanna do is elevated as much as possible typically flood zone X does not have what's called a base flood elevation. This is the flooding level that the federal government thinks could occur. Typically, we recommend building at least 2 feet above that level, but this level usually only applies to special flood hazard areas, like floods and floods on AE
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