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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Redfin is now showing the First Street flood map as an overlay on their map feature. It's really insane. The map shows the rare 0.02% flooding disaster based on first street's doomsday guess. This will absolutely affect market value for a lot of homeowners based largely in fear mongering. [/quote]

It will and it should. For a very, very long time physical risks have not been priced into home values. We have the technology, so a potential buyer taking out a 30 year mortgage should be able to understand the physical risks that could impact their investment and the likelihood of those risks occurring over the life of their mortgage. Banks also want to know this. Insurers really want to know this and they are not using FEMA flood maps. They are using products like True Flood Risk and HazardHub. [/quote]

Oh please tell me a bank that has required flood insurance based on “True Flood Risk” where the fema flood maps show the property is out of a flood zone.

You’re full of shıt[/quote]

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