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New Flood Insurance Designations
After the disaster in New Orleans 2 years ago FEMA rewrote the flood maps for the entire country. Some houses that were in a flood zone x are finding out they now have a new flood insurance designation. This can pose a problem for houses that have living area built right on the ground.
These houses may have been built following all of the rules and regulations but now that the rules have changed new flood insurance policies are required. The owners of these houses might not have a flood insurance policy because they were not required to at the time they purchased the property. They are grandfathered in under the old rules. This does not mean that you will not have to have a flood insurance policy. New purchases require you to follow the new rules.
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Search Outer Banks Real Estate For Sale
Outer Banks real estate sales have slowed down from the boom times of 2005 but sales are still moving along at a steady pace. With over 4,500 pieces of real estate for sale on the Outer Banks of North Carolina, a serious buyer needs the ability to sensibly sort through it all.
If you are looking to make a purchase on the Outer Banks you can do a real estate search that will show you the satelite view of the neighborhood of each of the properties in your range. You can zoom in on your future home and check out the neighborhood before you even drive down here to look at properties.
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