Thinking About Selling Your Home?
You know firsthand buying a home in a flood zone can be overwhelming and even seem unattainable to most buyers. Generally, a house inside the floodplain that requires flood insurance is going to be valued less and will be harder to sell than a house outside the floodplain.
Your policy is transferable!
Many sellers offer buyers a one or two year home warranty to cover unexpected issues. Offering a premium guarantee and transferring your flood policy gives buyers the same confidence.
If buyers are hesitant at the idea of carrying flood insurance because of price uncertainty, it may be worth offering them a credit for the first couple of years via a Multi Year or Rate Lock policy.
Pass on our information to your realtor and potential buyers. We can extend our great price and service to your buyer to help you close your sale as seamlessly as possible.
It may take longer and require more effort to find a buyer willing to purchase your property, but transferring your policy after purchasing a Rate Lock or Multi Year policy can help with your sale.