img_1399.JPGThere are two key pieces of information that you should know and the buyer will ask for: What is the Flood Risk and what is the elevation of the structure and key aspects of the building. The flood risk can be assessed three ways, one going to town hall, second visit the FEMA website FloodSmart.gov: What’s Your Flood Risk?, the third is to ask your Insurance Agent. FloodSmart.gov provides a wealth of information including premium estimates. To understand how FEMA assesses a particular street visit the FEMA site http://www.fema.gov/hazard/flood/index.shtm click on Flood Maps and then enter your street address, City and State. See definitions below. Flood insurance is one very important concern and another is Hurricane Underwriting, there are a number of firms who have stopped this coverage entirely. For more information on Flood Insurance pleae visit our website;