Sue’s Flood Real Estate Tips: Get a grant? Might need a loan.

Did you know that if you are awarded a Federal grant to elevate and improve your property to protect it from flooding, you must pay for the improvements and wait for reimbursement?  If you need to elevate your home, relocate utilities, or add other flood mitigation measures to reduce the risk of flood damage and lower your flood insurance premiums this […]

Sue’s Flood Real Estate Tips: Time to review your flood policy

As we enter 2019, its time to review your annual flood insurance policy.  Review the policy coverage with your current insurer and question the deductible amount. Then it’s time to get a second opinion!  I recently listed a home in an AE flood zone. The homeowner was paying $3,600 for an annual policy with a $2,000 deductible. This premium was high compared to homes in the immediate area. The […]