FEMA’s new floodplain maps

Last year, FEMA issued new floodplain maps. Generally speaking, it appears that floodplains have been enlarged.

What’s been the consequences of the new maps?

Harder to get mortgages or refis for structures now included in floodplain?

Insurance premium increases of structures now included?

Harder to sell such properties?

Other?

Benefits?

What are your thoughts?

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