- The Flood Zone It’s In
- The Year the Home Was Built
- A Low Risk Is Still Risky
- The Cost of Flood Insurance
- You’ll Need an Elevation Certificate
- Flood Risk Can Change Over Time
- Mitigation Might Be an Option
We recently sold our house, and right now, my husband and I are planning to purchase a new one near the beach. We know that this type of house is prone to flooding, that’s why I’m glad that you shared the importance of getting flood insurance quotes from different companies, and an elevation certificate. Before all this, we must find a house somewhere in Granbury first. https://www.granburyproperty.com/Pages/granburyTX.aspx
This is more for others than for you. I think to buy in a flood zone would be, simply put, really dumb. You KNOW you are going to have problems eventually, perhaps repeatedly over the time you live there. I have witnessed flooding locally and 7 months later, the majority of folks in some areas are still not back in their homes. Some homes have been required to be razed; others have to be brought up to (new) code. Not only do heating systems have to be replaced, but all the interior walls and the insulation as well. And many who thought they were insured have not been paid. FEMA money has been non-existent for many as well. Others have found that their flood insurance rates have skyrocketed.https://stonecreek.mortgage/contact-us/
we purchased a cute little cabin on a lake – the crawlspace is below the required elevation. We would like to remodel and the county has told us that improvements are limited to 50% of the value of the property. This is cumulative. We are not intending to change the footprint of the home— just put on siding and windows. I am estimating the remodel costs will bring us to about 65% of the property.
I think we are basically down to 2 options… #1. build to code. Sounds great but big investment that I would prefer to avoid. I do not foresee we will move to this property when we retire, and will likely pass it on to our children. (we are in our late 50’s)
2. figure out a way to make the remodel work. The lake property is completely paid for. Is there any option that you are aware of. No work has been done to the property thus far— it was built in 1974. Sturdy stucture— but in need of new siding and windows.
Any thoughts or suggestions?
I am thinking of purchasing a home on an acre of land the home is in the middle of the acre of land however I was just told that a slight corner of the acre of land in the back is kind of in a flood zone I still don’t know if I should purchase this or not will it grow what will it do to the land of that acre if I do purchase it so I’m still kind of confused and lost on this topic the house is a mobile home but it cannot be moved.
It just is not wise to purchase a home in a flood zone. The name says it all. It is in a zone that floods and could potentially cause serious damage to the point where you may not be able to return to your home. Just keep looking in a safer area, preferably on high ground and far away from rivers and creeks.
Kudos for you since you mentioned that homeowners should get an elevation certificate before buying a home in a high-risk flood zone. If I wanted to buy this kind of property, my next step is to find a home elevation contractor. With their help, they can safely raise it to the right level to keep it flood-free. http://www.myroncukhousemovers.com/
We’re happy to hear that this information has been informative for you. We would suggest you speak to a local Disaster company in your area as they’re experts regarding this topic.
I love how you mentioned that one should make sure the home they buy in a flood zone has flood barriers, as it can help protect their property. One of my friends lives close to the lake, so these tips could really help him keep his home safe. Where can he learn even more about flood barriers and their benefits?
Rafael this article was written and designed for those who live within the flooding areas; we do have Customers and connect with others that live on the Coast as well as others who potentially may choose to purchase in flooding areas. People do purchase in these areas for their own reasons and we believe it’s helpful to provide tips and suggestions in all areas of safety and preparedness.
Why Should People Buy A House On Flood Plain?
Very practical information