Flood Zones

ocean and palm trees hurricane

Floods, Fires, Hurricanes: How to Sell Homes in Real Estate Risk Zones

The past year has seen intense hurricanes in Florida and the Caribbean, hurricane-related  flooding in Texas, and wildfires in California, Oregon, and Idaho among other disasters. Storms can affect the real estate market as people leave affected areas. People may be reluctant to move to a storm-damaged area or concerned about storm-damaged homes. It’s oneRead More

lightning in dark sky

How To Avoid A Real Estate Lawsuit When Selling A Storm-Damaged Home

Natural disaster can come at any time — whether it’s a hurricane, like we’ve seen recently in Florida, or the unprecedented flooding in Houston. The trail of disaster leaves a lasting impact on people, communities and properties. As a real estate agent, this can affect your business. It’s not uncommon for property prices to plummet.Read More

Neighborhood in flood zone under water

FEMA and Flood Zones: Real Estate Agent Frequently Asked Questions Answered

When selling or buying a property in or near a flood zone, all parties associated with that purchase will have questions, concerns and mandates. These parties are the buyers, sellers, real estate agents, insurance providers, and lending officers. For you, the real estate agent representing the buyer or seller, we have compiled a list ofRead More

Houses under water

Understanding the Ever Changing Landscape of the National Flood Insurance Program (NFIP)

If you even have the potential of working with properties that fall within a flood zone, you need to stay informed on the National Flood Insurance Program (NFIP). To fully understand the changes that have taken place and are expected to take place for the NFIP, you first need to look at its history. BareRead More

Anticipating the “Flood” of Post-Sandy E&O Claims for Insurance Brokers

Guest blog written by John R Gonzo, ESQ. Mr. Gonzo is the Managing Partner of the Gonzo Law Group and specializes in professional lines defense. Superstorm Sandy devastated portions of New Jersey, impacting individuals and companies of all types, including insurance brokers. Stories of insurance brokers, whose offices had no power, heat, or internet accessRead More

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