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Updated over 1 year ago on . Most recent reply

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36
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25
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Faiz Kanash
25
Votes |
36
Posts

Need advice on if this property is able to be removed from flood zone(FEMA)

Faiz Kanash
Posted

Hopefully someone has some sort of experience with this or can give me some advice.

Theres a property I was looking at that I would love for a fix n flip project, but before placing an offer I found out the front yard is clipped into the floodzone, and the home itself will require flood insurance because of that small clip of zone A. I tend to avoid any houses that require flood insurance, just too much of a hassle to try and sell. However, I noticed that its only the front yard, and a very small amount of it.. Do you think its possible to have FEMA reassess this and remove the flood insurance requirement? Also, does anyone know how much all that usually costs to try and appeal? Or, do you think that they won't do anything and its not worth appealing? This is a hard pass for me if it sticks to the flood zone

Screenshot of the FEMA map---

https://i.gyazo.com/a5aacd09abdfc78ef397bdda6a2baec2.png

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