Introduction to Flood-Damaged Properties The impact of natural disasters on real estate can be profound, and Hurricane Milton has served as a stark reminder for homeowners in flood-prone areas, particularly in Florida. Selling a flood-damaged house presents unique challenges and considerations that require careful attention. The reality is that flood damage can significantly affect the market value of a property, often leading to depreciation or prolonged periods on the market. It is essential for homeowners to fully understand how flood events influence property valuations before proceeding with a sale. Homeowners in flood zones face several repercussions when attempting to navigate […]
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