Caption transcript. This text is pulled from YouTube captions and may contain minor wording errors.
[00:00] I've noticed a lot of agents actually misrepresent a property. When you go to look at the FEMA flood map, which I do for every property I look for, you have to look at the zone and the map. So, the actual structure of the house needs to be in zone X, which is not a flood zone. There are times where the flood zone
[00:15] line actually curves through and you might have part AE and part X within your same lot. As long as your building is on zone X, you don't have to pay for flood insurance. And I see so many agents who get this wrong because they put AE because they want to be safe and they want to overdislose, but that's not
[00:31] going to affect their insurance. So why do that and it won't pop up on searches and all that stuff. So you really miss out if you're listing your property as a zone AE when it's the structure is within an X. And so anyway, we spot those things. We make sure that we have [snorts] your we're looking at
[00:46] properties that fit what you're looking for. If you're okay with AE, that's great. There's a lot of opportunities out there. But if you're looking for zone X, double check the FEMA map. If you're really worried about flood stuff, I think we're at a great point in time right now where we just went through
[00:59] just a year ago, we went through two historic hurricanes with records amount of rainfall. And so we were able to determine really and sellers have to disclose if properties flooded from those hurricanes. So if you're with an X and it flooded now, you know, if you're with AE and the property did not flood,
[01:15] then that's actually really good. And perhaps, you know, you still have to pay for flood insurance, but the [music] risk is really, in my opinion, uh lowered quite a
