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The Lead with Jake Tapper
Buying a Home in a Flood Predatory State
The majority of states either have inadequate laws or none at all leaving home buyers completely in the dark as climate change supercharges rainfall storms and floods. 21 states including flood prone states like florida and west virginia have no flood disclosure requirements. One steady estimates that home buyers can incur tens of thousands of dollars over the course of their mortgage if they purchase a previously flooded home. Real estate tech company redfin is trying to fill the information void by making flood risk data available with listings based on climate projections Ryan mars says there's even more urgency for federal flood disclosure law similar to the led disclosure act which requires homeowners to tell buyers if there are led hazards in homes.


