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Updated almost 2 years ago on . Most recent reply

Ankit Jhaveri's profile image
Ankit Jhaveri's profile image
Ankit Jhaveri
  • Member since Dec 21, 2022
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Ankit Jhaveri's profile image
Ankit Jhaveri's profile image
Ankit Jhaveri
  • Member since Dec 21, 2022
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Ankit Jhaveri
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Buying & Selling Real Estate

Brand New House now in Flood Zone

Ankit Jhaveri
Posted

I have 3 investment properties under construction in the Cape Coral/Port Charlotte area. I put a down payment on these in April 2022 and specifically chose these exact homes as they were not in a flood zone. 

Post hurricane Ian, now all three properties are in a flood zone. Is there a way to get out of these contracts without losing my 10% deposit? 

Any real estate lawyers that can help?

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