What is flood zone X and why is it important? I hear that question again and again. With all of the changes to the FEMA maps and the pending questions on flood insurance, I always recommend that my clients look for homes in flood zone X.
Flood zone X is the only flood zone that does not require flood insurance if you have a mortgage on your home. That means, since the flood insurance is not mandatory, it is relatively inexpensive. Any other flood zone will require mandatory flood insurance. With the future of flood insurance rates up in the air, it only makes sense to look for homes in flood zone X.
When looking for your new home, remember to get a survey immediately. The survey will show you the flood zones and if anything but zone X is indicated, you will also need an elevation certificate before you can get flood insurance quotes. This is just one more reason why working with a Realtor only makes sense. Work with a professional that can guide you through the various steps in purchasing the home of your dreams.
Buying or Selling - - Call Barbara-Jo for all of your real estate needs! - - 727-512-0910
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Barbara-Jo Roberts Berberi, MA
Charles Rutenberg Realty
Serving the Greater Palm Harbor Florida Area, including Crystal Beach, Dunedin & Tarpon Springs Florida
Waterfront condos & homes
Your Real Estate Specialist
If you are thinking of purchasing in the Palm Harbor, Crystal Beach, Safety Harbor, Dunedin, Tarpon Springs area or along our pristine Gulf Beaches, give me a call! With years of experience in the local real estate market, I am here to assist you in making one of the most important purchases of your life! Give me a call today! Find out for yourself why living along the Gulf Coast is indeed living in Paradise!