Be Aware of the Flood Zone

It's raining heavily outside. People are talking about flooding news on TV.  Do you worried about your house or your properties being affected by the flooding? Let's talk about Flooding Zone. 

Texas has severe weather. Big thunderstorms and heavy rains can cause a problem: flooding. If you are looking for properties in Austin, it's important to avoid properties in the flooding zone or at least be aware of properties in the flooding zone.

​Let's first learn two words related to the flooding zone: floodplain and floodway. A floodplain is the land adjoining lakes and rivers that is covered by the "100-year" or "regional" flood. A floodway is the path of a river or other watercourse and the adjacent land areas that must be reserved in order to discharge the flood. There should not be properties in the floodway but there could be property built on a floodplain. Floodzon They are shown onflood maps as zones labeled with the letters B, C or X (or a shaded X). 

​If a property is in the floodplain, you are required to purchase a flood insurance. Under Federal law, a lender will be forces to place flood insurance if a house is in a FEMA (Federal Emergency Management Agency) high-risk flood zone. You need consider this when making the purchasing decision. Don’t let the flood zone catch you by surprise.  Flood Insurance is expensive and can cost thousands of dollars each year. On the other hand, if the property is closed to a flooding plain, you still need to be cautious of the condition.

Contact us or your agent who can provide you the details of flood zone report. ​​