What options does the realtor have when the home is in the flood zone?

Answered by:

Anya Mayo

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The Mayo Home Team @ RE/Max Gateway
15 Questions answered
Answered on February 12th, 2019

You will want to have the seller hire a flood survey to be performed in order to obtain a Flood Elevation Certificate/Letter Of Map Amendment(LOMA) FEMA. This could significantly lower the cost of flood insurance and make the home and property more marketable. A lot can be discovered with such a survey.


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