Your buyer's lender will require flood insurance, and the cost directly affects what buyers will pay. Providing your flood insurance history and current premium gives buyers clarity and prevents sticker shock during underwriting. Properties with established policies at lower grandfathered rates are more attractive. Disclose your flood zone designation and any prior flood damage proactively.
From the seller playbook: Flood Zone Disclosure and FEMA Map Impact on Sale Pricing
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
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