Don't Let Flood Insurance Sink Your Deal!
Keep your deals afloat by understanding how flood zones and lending/insurance requirements can impact your client’s monthly payments and buying power. Learn valuable tips from industry experts to maintain a proactive approach with a flood zone property.
This Q/A will cover:
- NM flood zones
- High, low and special flood zones
- Flood zone impact on your buyer transaction
- Why your buyer may need an elevation certificate
- Lender requirements and programs for flood zones
- Types of home insurance for buyers in a flood zone
First Wednesday Affiliate Q & A
Flooding in the Desert? Don't Let Flood Insurance Sink Your Deal!
- Antoinette Baca, Farmers Insurance
- Christine Marin-Taylor, Nusenda Credit Union
- Alicia Lopez, Middle Rio Grande Conservancy District