That will help a lot with resale and refinance values.I would also ask if you bought this through a real estate agent and if so, what the seller disclosed.

And a bigger question: The seller did not disclose this in their disclosures.

Quote from @Mike Romano:Is this something that was not disclosed?

Why do you think this will do well when you make it look nice on the open market and disclose it's in a flood zone and flooded in the past year?

There are those on YouTube who are very close to violating the law, if not dancing all over the line.In my opinion, the real problems originate when the buyer isn't clearly disclosing the risks to the seller, or violates the Consumer Protection ACT, or doesn't have enough capital to make the payments, or does equity stripping, (some equity stripping is legal, some is not)  12 U.S. 

Thats a fair point @Erik Estrada about not wasting a lender's time & effort - but how do I identify a good lending partnership if they don't disclose their numbers & estimates to me? 

Years later it was revealed that the guru had never disclosed the fact that he was getting kickbacks from the recommended lenders, brokers, maintenance contractors and others he insisted the program participants use.  

NMLS call center said they have no problem with it but it strikes me as odd that the MU4 filing requires you to disclose other 'financial related activity'. 

Does the agent not have to disclose this upfront?

They just didn't disclose how.