Do you own a house in a flood zone? Read the latest update from our local association of realtors. A preliminary map shows less homes will be designated in the VE/AE flood zones. Could be good news for you.
NEWS - Preliminary Floodplain Mapping Information
Coastal Resources Commission met last week in Nags Head and a portion of the
agenda was dedicated to flood, wind and homeowners insurance as well as NC flood
Ashe, Assistant Program Director with the North Carolina Floodplain Mapping
Office, presented preliminary floodplain mapping data for the Outer Banks and
other coastal communities. The information presented comes as great news for
Dare, Currituck and Hyde Counties!
Mr. Ashe informed Commission members that flood maps are due to be released, per
FEMA approval, per County as follows:
New Hanover, Pender – July 2014
Chowan, Currituck, Pasquotank, Perquimans – September 2014
Craven, Onslow, Pamlico – November 2014
Dare, Hyde, Tyrrell – End of Year 2014
Washington – March 2014
Here to view thie entire message and a chart that highlights the present
number of structures in the VE zone and AE zone by county compared to the number
of structures in those zones based on new, preliminary map data. The
comparison shows a tremendous drop in VE and AE zone Outer Banks properties as
Buildings In County Buildings in VE Now Buildings in VE NEW Buildings in AE Now
Buildings in AE NEW
The preliminary data shows an 82% drop in VE zone
structures and a 65% drop in AE zone structures! Only structures within those
zones are required to have flood insurance when they are covered by a mortgage.
If not within the VE or AE zone, property owners can buy flood insurance at
greatly reduced, preferred risk rates.OBAR/OBHBA
Government Affairs Liaison Willo Kelly participated in the CRC meeting. She
shared the above information as well as an update on homeowners and flood
insurance at a meeting last night sponsored by the Dare County League of Women
Voters. The Outer Banks Voice will be providing video highlights of that meeting
soon at www.outerbanksvoice.
COMING TO THE OUTER BANKS FOR A VISIT THIS SPRING/SUMMER? IT'S A GREAT TIME TO PREVIEW PROPERTIES AND SEE WHAT YOU CAN GET FOR YOUR MONEY. LOW PRICES & INTEREST RATES= A HAPPY BUYER! CALL ME AT 252-202-8147 AT ANYTIME TO SET UP A SHOWINGS OR ASK TO BE PUT ON MY LIST OF FAVORITE BUYS!
Author:Kathleen Argiroff Phone: 252-202-8147 Dated: March 11th 2014 Views: 813 About Kathleen: Kathleen relocated to the Outer Banks of North Carolina with her husband and three children in 1989 ...
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