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Updated about 6 years ago on .

User Stats

160
Posts
34
Votes
Thuy Pham-Satrappe
  • Rental Property Investor
  • San Clemente, CA
34
Votes |
160
Posts

Flipping a house in FEMA Flood Zone

Thuy Pham-Satrappe
  • Rental Property Investor
  • San Clemente, CA
Posted

Who's got experience flipping a house in a FEMA flood zone with known history of flooding?

Did it cause issues when reselling them home? Lowered sales price? Increased DOM?

Did you put it in the realtor remarks section or when did you disclose?

Did you do "extra" things during the flip to address it?

Note: I'm not looking to be convinced to not do it, I'm interested in hearing from those who have fixed and flipped.

Thank you!