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Updated almost 5 years ago on . Most recent reply

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Joe Munchel
  • Rental Property Investor
  • Kirkland, WA
3
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3
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Surprise Flood insurance

Joe Munchel
  • Rental Property Investor
  • Kirkland, WA
Posted

Hello everyone! 

I just started my real estate investing two years ago and I'm now on my third property. On my third property they just deemed it in a flood zone. Is there anyway I can contest this or do I have to bite the bullet and pay for flood insurance. Any help would be greatly appreciated!!

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,509
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

The only way to avoid is if you get a surveyor to survey an Do an elevation certificate And if that elevation is above the fema elevation that makes it a flood zone......unlikely, but the only way.

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