What are Flood Zone Determinations?
Simply put, flood zone determinations define geographic areas, or zones, according to their flood history using a classification system that assesses the potential for rainfall to be converted to storm water runoff. This information is very important to a buyer because it will likely affect insurance availability and cost. Likewise, it is important to a seller to know how the flood zone determination for his or her home may affect the sale of the home. Stewart Mortgage Information produces the highest resolution flood hazard analysis in the industry quickly and accurately. Ask your real estate professional or homeowners’ insurance provider about a flood zone determination from Stewart Mortgage Information.
