Tag Archives: flood zones

Homeowners in Declared Flood Zones Have Recourse Options

Ask any homeowner who has lived near water and she’ll tell you the same thing. Being declared in a flood zone when there’s little chance of actual flooding is a major hassle. The system by which flood zones are declared is an imperfect science. While it is designed to help protect homeowners and society at large, it is full of errors that can often might life more difficult on average people. The system uses technology that can sometimes place people in flood zones by mistake. When this happens, there are costs and consequences. The good news for homeowners is that they now have options if they want recourse for this designation. Good companies are telling homeowners to click here for relief.

When a home is placed in a flood zone, that homeowner is required to get insurance as a condition of having a federally backed mortgage. In layman’s terms, this means that a person living in a designated flood zone will almost always have to spend a few thousand dollars extra each year to protect against a harm that may have little chance of materializing. In addition to the flood insurance cost, there are also the dips in home value that come when a home is categorized in this way. Homes in flood zones often experience severe dips because of the unjustified concerns of potential buyers.

This information might lead a homeowner to wonder just what he can do to get around a flood zone designation. The good news is that there are companies out there today that exist for the specific purpose of mitigating these designations. Companies are capable of questioning the technology in order to argue for a re-classification. In many cases, these companies are successful at getting homes re-zoned, saving homeowners thousands of dollars over the course of a year.

Homeowners today do not have to take a flood zone designation without a fight. They can use the resources at their disposal to ensure that they are classified and clarified in a proper manner. While there are some costs associated with fighting a wrongful flood zone distinction, the rewards are well-worth whatever costs a person might ultimately incur. It can really make sense for the average homeowner to use a company that will go up against the flood zone technology that has wrongly placed a person’s home on the bad side of a flood zone.