Viewing a single comment thread. View all comments

grr5000 t1_iu0ku1x wrote

This shoulda been a thing awhile ago. Cause mandatory flood insurance can be hella expensive on top of home prices. So every buyer should be aware of this so as not to trick them into a bad situation.

10

evilsbirth t1_iu230j7 wrote

Taxes often off set the cost of flood insurance. I was looking at homes in Wayne about two years ago. That area is famous for flooding. Just by looking at the taxes you could figure out if it was in a flood zone. 600k home taxes on average were 13 to 14k. You found a 600k home with taxes at around 10k it was in a flood zone.

2