Insurance in Flood Zone


I am trying to get home insurance in flood zone (Carroll Gardens, though far from water) and have been getting flat out denied left and right. I’ve reviewed the forum posts, particularly the May 2009 posts on this issue, which seems to be the last one that went into flood zone insurance issues in detail. Has anyone obtained insurance recently on a house in a designated flood zone? I will take any and all recommendations for companies that are willing to insure (and have done so recently). Secondarily, what are broker fees like if I decide to go that route?

Categories: Insurance
By Bklyner | 05/05/2010 9:45 AM | Comment

Bad inspection, reluctant seller


Had an accepted offer on a house advertised as brand new, gut reno, brand new mechanicals, perfect, move-in condition. Inspection was awful – though living space generally fine, basement revealed structural, mechanical, electrical, plumbing issues. Significant ones. Roof issues as well. Tried to negotiate but it sounds like seller will walk away in hopes of a less savvy buyer and less thorough inspector (maybe doing some very minimal work to at least fix major code violations). Aren’t brokers obligated to reveal anything if they know for sure (having read the inspection report) that the house isn’t in the perfect condition assumed by the listing description?

Categories: Brokers
By Bklyner | 02/04/2010 3:59 PM | Comment