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Updated about 4 years ago,

User Stats

28
Posts
17
Votes
Brian Childres
Pro Member
  • Rental Property Investor
  • Tyler, TX
17
Votes |
28
Posts

New Flood Factor Risk Assessment

Brian Childres
Pro Member
  • Rental Property Investor
  • Tyler, TX
Posted

I am under contract on a nice duplex in a great neighborhood.  My only concern is that it is a 6/10 on the new Flood Factor on realtor.com.  Fema shows that it is low risk and I am doing about $3,000 worth of drainage work. I have also paid for an in-depth assessment on the property.  I feel that the risk is minimal where the duplex is specifically located.  My main concern is property value down the road when I sell.  Is anybody familiar with this new rating system produced by First Street Foundation?

  • Brian Childres