Flood Zone

3 Replies

Hello All,

I am looking at a house in a flood zone. It is a Zone A, which is the one that requires flood insurance.  After reading about the flood zone posts on BP's, I am sure that purchasing in a flood zone is a no-no if you can help it.  Is that how you all feel?  

Thanks for your opinion.  

Happy Tuesday! 

Anna 

You can use the existing premium as a means to negotiate better pricing for the property and then potentially mitigate to lower premiums in various ways. See my post below.

https://www.biggerpockets.com/forums/61/topics/364937-reducing-flood-insurance-costs?page=1#p2316931