Bertha Came Ashore at 45 mph. The Bill Comes from Water.
A weak tropical storm is a reminder that flood coverage, not wind, is the gap that sinks a private sale. Put proof of coverage on the closing checklist.
Flood insurance
Arthur Dropped 29 Inches: Require Flood Insurance in Private Deals
Inland flooding from Tropical Storm Arthur shows why private real estate sellers must require buyers to maintain active flood insurance.
Why Sellers Must Require Flood Insurance in a Bond for Deed
Because a bond for deed seller retains legal title, uninsured flood damage represents a direct financial risk to their collateral.
