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Selling a home in a flood- or hurricane-prone area may not be as easy to sell as a home that is not in hurricane- or flood-prone areas. It depends in part on the home’s structure, materials, and preventative measures that may have been taken to reduce flood and hurricane damage. Before making a decision to move, be sure to consider the risk and safety of the new location. Compare properties and houses.
Home sales involve property disclosure forms related to the condition of the home, equipment, and events that have occurred such as water or flooding. It is important to provide accurate information on the property disclosure form.
If you have National Flood Insurance, regulations must be considered. Contact local zoning and code offices and the local or area Emergency Management Agency as well as housing professionals and construction engineers when considering these alternatives. Specific codes and requirements are in place by the National Flood Insurance Program and must be met.
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