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Updated over 8 years ago,

User Stats

25
Posts
9
Votes
Allie Bloyd
  • Interior Decorator
  • La Grange, KY
9
Votes |
25
Posts

To buy a home in a flood plane or no?

Allie Bloyd
  • Interior Decorator
  • La Grange, KY
Posted

There is a great deal for a house in a flood plane. This house seems to be the only one that has water issues. I had another investor tell me not to be scared of a property in a flood plane, even though it will be a 100k house, and the flood insurance will be an extra 150 per month for the buyer. Has anyone ever bought a house in a flood plane and what are your thoughts on it? Our contractor thought he could remedy the situation with a drainage solutions. Thanks for your help!

Allie

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