Tuesday, September 11, 2012

Protecting your home investment?buying flood insurance in Scottsdale

by Dru Bloomfield on September 10, 2012

Flood Map

With the recent rains, buyers are asking about flooding in Scottsdale.? Portions of Scottsdale do reside in flood zones and do require flood insurance, in addition to standard home insurance.

The City of Scottsdale has a number of resources on its web site to help you research whether the home that you are buying is in a flood zone.

Knowing whether a property is located within a flood zone and whether an elevation certificate is available for the property are important factors in any real estate transaction. Besides being important from a disclosure perspective, a flood zone determination will help determine if purchasing flood insurance is mandatory for the property in question. With an elevation certificate, properties located in flood zones can receive lower flood insurance rates.

For property within the City limits, Scottsdale offers free flood zone determinations.

Additional information can be found on the City of Scottsdale?s web site regarding:

You can also contact the Storm Water Management Department at (480) 312-2500.

Related Reading:

Source: http://athomeinscottsdale.com/2012/09/10/protecting-your-home-investmentbuying-flood-insurance-in-scottsdale/

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