Posted on Aug 3, 2022
Floods are getting more common. Do you know your risk?
1.14K
9
2
6
6
0
Posted 2 y ago
Responses: 2
Interesting use of a picture of the Annapolis harbor -- it happens. The bigger risk is that waste water ends up not going where it needs to go and presents as a health hazard here
(2)
(0)
PO1 William "Chip" Nagel
...""The disclosure laws in these three states are inadequate because they don't explicitly require home sellers to tell buyers whether a house is previously flooded, or the amount of times that the house has previously flooded," Scata explains. Other states, such as Texas and Louisiana, do require disclosure of flood risk information during home sales.
NPR analyzed flood disclosure laws across the country in 2020 and found that living in a flood-prone area without knowing it can be financially devastating, especially for low-income households and those who rent.
"It's really important for home buyers to have a right to know the flood risk that they might face," says Scata. "The damages can be so high, it can be financially ruinous."
...""The disclosure laws in these three states are inadequate because they don't explicitly require home sellers to tell buyers whether a house is previously flooded, or the amount of times that the house has previously flooded," Scata explains. Other states, such as Texas and Louisiana, do require disclosure of flood risk information during home sales.
NPR analyzed flood disclosure laws across the country in 2020 and found that living in a flood-prone area without knowing it can be financially devastating, especially for low-income households and those who rent.
"It's really important for home buyers to have a right to know the flood risk that they might face," says Scata. "The damages can be so high, it can be financially ruinous."
(1)
(0)
Read This Next