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Real Estate Deal Analysis & Advice

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Mike Roddie
  • Business Owner
  • Cypress, TX
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Houston - post-Harvey flood

Mike Roddie
  • Business Owner
  • Cypress, TX
Posted Mar 1 2018, 16:27

I know that it is recommended to look at paying no more than 70% of the ARV. However, given the potential additional complexity of a home having flooded, does this % hold true or what additional considerations should be made in purchasing a home in a post flood situation (house ONLY flooded during Harvey and not in any previous flood, mold remediation already taken place)

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