Talk of The Villages Florida - View Single Post - Buyers Beware-Flooding
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Old 09-14-2024, 02:07 PM
Rocksnap Rocksnap is offline
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Quote:
Originally Posted by bshuler View Post
Moutrie Creek area is in a swamp. It just is.. FEMA shows as Zone AE for most of it. Thats a 26% chance over the life of a 30-year mortgage

Last month (August 2024) was Hurricane Debby, just a heavy rainstorm by the time it hit TV.
I saw a villager showing off his rain gage filled to the top 10 inches.

Question: Did the Moultrie Creek/Middleton/Shady Brook area have and water rising close to any homes?

I am in the process of buying a home in Shady Brook. It is in an AE Zone. I assume the Developer has raised the foundation of the home above the water hazard elevation and that FEMA will update the map in a few years (I will appeal).

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Also in Shady Brook. Moving in early October. Hoping the FEMA maps are updated soon. I just paid $1400 for FEMA flood insurance. Neptune, a private company, was $75 more.
To put this in context, homeowners insurance was $1475, with added extra sinkhole coverage.