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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Curtis Seltzer is a land consultant who works with buyers and investors. He is author of How To Be a DIRT-SMART Buyer of Country Property at www.curtis-seltzer.com where his columns are posted. He is also a contributor at www.landthink.com.