In this episode Tyler Sheff talks with Brad Hubbard from National Flood Experts about how to remove your home from the FEMA flood zone. As many or our listeners are aware, rising flood insurance rates matched with lender requirements to buy flood insurance has crippled many homeowners and investors.
Homeowners to have some subsidies available to lower the premium however investors are forced to pay full value for flood insurance. There is a requirement to maintain flood insurance if the property is subject to an institutional loan.
Brad discusses how FEMA determines flood zones, and provides further insight on the relationships between FEMA, State and local government agencies. Brad also covers how the service his company provides helps these government agencies by providing the consumer a more accurate flood zone map while increasing property values as much as $10,000 for every $500 spent in flood insurance premiums.
National Flood Experts provides a risk free analysis of the current FEMA flood zone determination by contacting them directly at NationalFloodExperts.com or calling them at 800-561-0396
Savvy investors can potential receive windfall profits by leveraging this strategy in their property buying activities. Curious how this would work? Contact Tyler Sheff at www.CashFlowGuys.com to schedule time to learn to earn.