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Real Estate
Reply to "FEMA Flood Maps"
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[quote=Anonymous]FEMA revised their maps a few years ago and their methodology expanded the inland flood areas significantly. It was probably a bit too expansive for current day, but brought a lot more people into the flood insurance program. If you’re newly in AE zone, if you sell your house your buyer will need to purchase flood insurance in order to secure nearly all financing. I’d probably get flood insurance if I were you. The likelihood of a total loss in your situation is low, so the max NFIP coverage is probably sufficient. The premiums for these plans are very reasonable and not the horror stories you hear about along the gulf coast or similar areas.[/quote]
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