- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
I have a question about FEMA and flood zones
Posted on 2/7/18 at 9:25 am
Posted on 2/7/18 at 9:25 am
Trying to purchase a house that previously was in flood zone A (flood insurance is $2300/year)... parish has rezoned everything, and now the house is in flood zone X (flood insurance is $450/year)
However, FEMA doesn’t ‘recognize’ the change yet and I can’t get any answers from them or my parish officials on when they will acknowledge the change.. does anyone here have any clue about this? Anyone else having the same problem?
I’ve been back and forth with them for weeks now, with little to no information shared, and it’s beyond frustrating
However, FEMA doesn’t ‘recognize’ the change yet and I can’t get any answers from them or my parish officials on when they will acknowledge the change.. does anyone here have any clue about this? Anyone else having the same problem?
I’ve been back and forth with them for weeks now, with little to no information shared, and it’s beyond frustrating
This post was edited on 2/7/18 at 9:26 am
10
Posted on 2/7/18 at 9:27 am to Mr. Hangover
Bought a house 3 years ago that was previously flood zone x. rezoned ae. They still have not recognized the change so I still pay lower price
Posted on 2/7/18 at 9:27 am to Mr. Hangover
" parish has rezoned everything "
This has nothing to do with flood zones, they are determined and changed only by FEMA.
This has nothing to do with flood zones, they are determined and changed only by FEMA.
Posted on 2/7/18 at 9:28 am to madamsquirrel
Are you in Louisiana? Which parish?
Posted on 2/7/18 at 9:29 am to Drop4Loss
quote:
This has nothing to do with flood zones, they are determined and changed only by FEMA.
I wouldn’t argue about it, but I don’t think this is 100% correct
Posted on 2/7/18 at 9:30 am to Mr. Hangover
Don't buy a house in a flood zone unless you want to flood you dummy.
Posted on 2/7/18 at 9:30 am to Mr. Hangover
Get a local surveyor to do a LOMA for you. Costs about $400. He will be familiar with the process.
Posted on 2/7/18 at 9:30 am to Mr. Hangover
give all that info to the mortgage broker and tell him you're not signing until they acknowledge the change......and lock your rate in and pray.
Posted on 2/7/18 at 9:30 am to Mr. Hangover
quote:
Trying to purchase a house that previously was in flood zone A (flood insurance is $2300/year)... parish has rezoned everything, and now the house is in flood zone X (flood insurance is $450/year)
Was this changed on a FIRM map?
Posted on 2/7/18 at 9:31 am to NYNolaguy1
Yes it was
From what I understand, after they have submitted the letter of determination, there is another wiring period until it goes into effect
Let me see if I can find that link
From what I understand, after they have submitted the letter of determination, there is another wiring period until it goes into effect
Let me see if I can find that link
Posted on 2/7/18 at 9:31 am to Mr. Hangover
Get an elevation certificate and have your agent upload it into the NFIP database.
Posted on 2/7/18 at 9:33 am to stillplayswithcars
quote:
Get a local surveyor to do a LOMA for you. Costs about $400. He will be familiar with the process.
we applied for the eLOMA deal, but were rejected because I am one foot below sea level (I think that was the number on the elevation cert)
Posted on 2/7/18 at 9:33 am to Mr. Hangover
They probably rezoned, but they have only rezoned in what is called Prefirm, or Preliminary Flood Insurance Rate Map. FEMA will have to confirm these flood risk areas with an Effective Firm. The Prefirm is almost always confirmed over time, but that time period isn't set in stone.
Posted on 2/7/18 at 9:34 am to LSUTigersVCURams
quote:
Don't buy a house in a flood zone unless you want to flood you dummy.
I’m good friends with the neighbor who has lived there for 30+ years.. they’ve never even came close to flooding... Katrina, Rita, Gustav, issac, crazy storm of 2012, etc never even came close to having water in their houses
This post was edited on 2/7/18 at 9:36 am
Posted on 2/7/18 at 9:35 am to classicgold
quote:
They probably rezoned, but they have only rezoned in what is called Prefirm, or Preliminary Flood Insurance Rate Map. FEMA will have to confirm these flood risk areas with an Effective Firm. The Prefirm is almost always confirmed over time, but that time period isn't set in stone
Roger, thanks
Posted on 2/7/18 at 9:47 am to Mr. Hangover
as others have mentioned, the elevation certificate can help reduce if it shows you high enough. Otherwise it is a wait and see. Fema maps in my area were supposed to go into effect last September, but they keep getting pushed back.
Posted on 2/7/18 at 9:49 am to Mr. Hangover
If you can prove that to your lender they arent requirer to have proof of flood insurance, but it is their perogative to ask for it anyway at a much cheaper rate.
Posted on 2/7/18 at 9:52 am to NYNolaguy1
For this loan, for where I’m at (which hasn’t flooded in over 70 years 
), I HAVE to have flood insurance
), I HAVE to have flood insurancePosted on 2/7/18 at 11:14 am to Mr. Hangover
quote:
I’m good friends with the neighbor who has lived there for 30+ years.. they’ve never even came close to flooding... Katrina, Rita, Gustav, issac, crazy storm of 2012, etc never even came close to having water in their houses
My neighbors said something similar in August 2016. A couple days later I was wading through two feet of water in my living room.
Posted on 2/7/18 at 11:21 am to Mr. Hangover
quote:
For this loan, for where I’m at (which hasn’t flooded in over 70 years ), I HAVE to have flood insurance
A) buy the flood insurance and close
B) when map change goes into effect, everything would be prorated and refunded accordingly.
C) you should keep the flood policy regardless of zone change
D) is the 1900 escrow addition making the note not affordable or something?
E) nobody really knows hardcore dates, everything is usually pretty fluid with flood program
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News