selling destroyed homes for a QUARTER MILLION DOLLARS or more, in FLOOD PRONE neighborhoods is literally the most insane display of cognitive dissonance I've ever seen.
It's not crazy for them to put it up for sale for that much. The crazy person is the one who buys it at that price. I have a feeling it's going to be sitting on the market for a long time.
A lot of Americans do not have sympathy for people who choose to live in high-risk areas like this, even if they don't admit it. These damaged homes are not worth the risk!
Your comment doesnt make sense. Thats like saying "Because you live in California where its prone to earthquakes, Americans don't have sympathy for you because you chose to live there." If no one were to live in those areas, then you and many others would want to develop the land for residential or commercial use.
If weather affected low-risk lands were the only ones sought out by people and the population of the United States tried to fit inside these more "preferable" low-risk environments, what would that do to the price of real-estate in those lands and better yet, your safe community? Demand, scarcity, and supply, but not limited to thereof, will determine home value. Maybe we were able to have the prices of the homes we've got into due to the fact people are living spread out amongst different areas of land.
Selling crap for investors to buy and resell the same crap with hidden dangers. Then the headache of getting insurance for these will probably be another headache. In my opinion.
Exactly what I was thinking! Only a fool would touch any of this real estate but I suspect that they will end up sold anyway 🤦🏾♂️ what a disaster! I just hope that they are honest about disclosing their flood history (I doubt it)
@@sarahann530 😂😂 you sound triggered! Don’t be discouraged… someone will eventually buy your flooded home…maybe for pennies on the dollar but it will be fine ❤️ And who is born with knowledge? That makes no sense… Babies aren’t born with knowledge lol
Why? They get insurance or FEMA. As she most likely will be unable to get a normal police she will need citizens insurance aka the state aka taxpayers is guaranteeing for every damage. Someone screwed up royally when allowing the houses to be build. So now the state of Florida actually has a massive problem.
I agree, but we have had record number of new home owners the past four years from other states. Our home values went from an average of $240k to $440k from 2019-2024.
My husband and I sold just a week before Helene hit granted we were not in a flood zone or nowhere near the beach but when we sow the insurance companies leaving the state we knew it was time to sell. We moved out of state and I am filled with anxiety and stress from the move and the two hurricanes hitting back to back and then having to find another home in a state where we don’t know anyone is also stressful. But I know that with time we’ll adjust to a new place and our stress level will go down. It’s hard to make these major changes but sometimes they are necessary.
@@imnitguy but they don't have to spend hundred of thousand of dollars to rebuild and rebuild and rebuild. Once they get used to the winter (which by the way is getting milder in time, unlike the hurricanes) they do not have the anxiety of not having a place to live any time in the summer-fall season. By the way, they do not have to pay $10k for home insurance
@@huynguyentoantin I worked for a company based out of Buffalo and while they are talking about snowblowers and spending hours clearing their driveway, I'm in shorts in 72 degree weather in Charlotte NC. I don't have $10k in insurance and I haven't seen snow in, eh maybe 2-3 years? We get the threat of snow and everything closes and you take the day off. :) Win Win. Oh and that thing in Asheville was unprecedented. Charlotte had Hugo back in 1988 or 89. Very rare.
Was told in the 90's not to buy there - someone said: "If you spit in the road, it floods!" And what about the realtors that KNOW it floods but still sell people homes there.
THE REALTORS THAT KNOW IF FLOODS BUT STILL SELL PEOPLE HOME THERE DO NOT CARE ABOUT PEOPLE THEY DONT GIVE A DAMN THEY WANT THEIR COMMISSION IT'S ALL ABOUT MONY AND NOTHING ELSE!!!
Use a little common sense. No way was that a 500,000 home. What happened to North Carolina was tragic and unexpected but in these cases you chose to move to a high risk area. Much of Florida is not meant for permanent habitation or stable enough to support the homes and info structures they keep putting in. Not all that many years ago, Florida was just a vacation destination mostly for snow birds looking for a break from the cold. Seniors moved there because they were promised they could live there and not have to pay taxes on their retirement. Sand is constantly shifting. Waters always rise and surge in storms. Move inland and drive to the beaches but stop rebuilding and repeating the same bad choices, expecting a different outcome. Come on, I know humans are more intelligent than that.
When I fled Tampa Bay this past June 30th after 27 years, I told my coworker, who lives in Shore Acres, that he should do the same. I told him that when the area’s luck finally ran out he was gonna wish he had moved. Sure enough, he’s lost almost everything - house, car…everything. Now, he’s talking about selling for whatever he can get and moving out of state. Problem is is now he’s not going to have any bargaining power with so many people in Shore Acres alone in the same boat trying to unload their homes to flee the area/state. Happy I listened to my intuition.
This is a dumb question but would comprehensive car insurance reimburse him for his flooded destroyed car? What about the house? I heard home insurance often has a massive deductible
@@lambertlum1087 Being out in nature is different. When the mold spores are released into the enclosed space of a home, the concentration of them in the air is far higher than you would find outside.
My father in laws house in Jacksonville was built on stilts with the garage under it and he was a mile from the beach and yards from the ICW. Never flooded and was built in the 40's.
@@johnurban7333 some people just don't care... especially floridians lmao I have some family that live in NC on the outer banks and it's the same thing with them. They'll have a tropical storm and everything will get flooded but the community is so tight knit that they just deal with it and help out however they can. It's an interesting life that definitely isn't for the normal person but I respect it.
@@matthewlupton1539 If they are happy and don't demand the entire nation support their lifestyle, power to them. But the minute we all have to spend national resources to protect their lifestyles, it's over in my mind. Move or learn to swim.
These greedy people! THE NERVE... to sell a 3 TIMES FLOODED old house for $425,000. Stupid paid $575,000 for a $180,000 house... hoping to sell to an investor that will pay $425,000 to sell to another stupid for $575,000 again. This should be criminal.
The purchaser has no one to blame but themselves. I can offer to sell a can of bush’s baked beans for a million dollars, I’m not the dumb one if someone buys it off me 😅
Id do that and resell at a higher price. You dumb af if you are serious. Some of those homes have probably been fine for decades and decades to come. Then your old grumpy ass will come down in the winter and buy one 😂
The Federal government does not give a dime to homeowners for any rebuilding...never has. FEMA might help with living assistance for a short period of time. Federal loans may be issued for rebuilding, but those are loans not a freebie or handout. Tired of all these uninformed knee jerk posts from folks that have no clue or for that matter anything invested in the subject.
yes we need to get the risk out of the public sphere. NFIP is deeply in debt, They are trying to reduce their exposure but they are going way too slow. I would like to see no new policies for new construction in flood prone areas. Limits on renewals after significant claims.
$575 for that average house. Mother Nature isn’t pleased. absolutely mind boggling the money people are paying for these homes they have lost their minds over living in Florida. Mother nature is going to help us put a stop to this madness.
What in the heck did mother nature give you the voice to speak for her? You don't know everything about everything and it's a giant State and not everything's affected. You better watch it mother nature doesn't like to be spoken for.
Yes don't build on swamp land like they keep doing. Blame the builders and the banks. They all know that this will happen. But to them it's about making money and they don't care
I have seen them start pouring a floor slab have it start raining stop pouring and come back the next day and finish pouring right over top of the stuff they started the day before. This will never bond and yes it will surely crack. But they don't care because they will be long gone.Sad situation for the home owner
Heh. She's selling her flooded out wreck of a home at $425,000, when she bought it knowing it was in Zone A. The worst part is that a sucker from out of state will buy it.
@@slappy8941 - It's why people should be willing to pay a couple thousand dollars to a property attorney. The attorney can deal with representing you, finding faults with the property (e.g. flood zone proximity) and set up a more enforceable sales contract if flaws are discovered later.
I was born and raised in Florida. Enlisted in 1994 and live in Asheville now. I never remembered it like this. There were a few big hurricanes in my childhood, limited to smaller regions of Florida, but I never heard of repeat floods in a few years until recently, and I never, ever experienced what I just lived through in Asheville.
Its happened before, you are just not old enough to remember. Many hurricanes over the decades have done this kind of damage, its nothing new. This happened to be back to back. The Gulf waters this past summer got warmer than usual, but that has also happened before. There have been years not long ago that there were no hurricanes or no major storms, do the research.
@@daisyle1203 Tell that to the polar ices caps. Excuse me ..I think you need to "do the research". It is scientifically proven and shown by the scientific and meteorologist community. Global warming is here.
@@dennistyler9852 Yes FL is but count in TX, LA,MS,AL,GA,SC,NC there too. If you live within 2 hrs of the coast you will get hit with a hurricane sooner or later. I am 68 and have lived in one of these states my whole life, 1 1/2 hrs from the coast and have been through many storms that started as a hurricane, tropical storms were not named, just common coastal storms back then. Once it was 3 times in 1 season back in the late 60s, one was as bad or worse than Katrina. Difference is the areas it affected were much less populated than now, fewer people were affected, fewer businesses and homes. All of these states coastal areas are way too crowded the beach areas need to be public lands, not meant to sustain homes and businesses. Thank realtors for this.
How close is their public citizens insurance to collapsing? When it does, home values will plummet because they're uninsurable and mortgage company won't let you live there without insurance
No one cares if you're shaking your head and you're so full of it my house is being going up even though I bought it very cheap. And it's in a dry zone and has stayed dry for 110 years. Do you people get some kind of kick out of making up freaking stories?
Not all of Florida floods. I live 7 miles inland and am almost 20ft above sea level. It would take a massive hurricane Florida has never seen before to flood my place. I would never buy a place 10ft or less above sea level in florida.
Won't tank..prices will come down..but they need to come down in all states..always people willing to buy in florida..nice state tax free..even the landscaping is better than most states
Why are homes in hurricane prone areas built like they are in the rest of the U.S.A. (which are cheaply built with wood) rather than with cement and stone like most tropical zoned countries? Why does U.S.A. build homes that only last decades rather than multiple generations like they are in most of Europe?
Interestingly, tropical zone country like in Okinawa have stone markers along their coastline and no homes can be constructed below those markers. Okinawa is almost the same latitude as Florida, why then doesn't Florida make similar restrictions along its' coastline?
I often wondered this, too. Basically, the reasons are that it's much cheaper and faster to build with sticks (availability of materials and expertise). Flooding year after year was never expected, but now the reality is that it would be cheaper in the long run to use concrete!
@@MrsZ14522 Greed. No way a wood built house will stand up to a hurricane. A hollow block/cement definitely will though. Time to custom built it yourself.
From 1960: The worst flood in years hit eight counties in Central Florida following a three-day storm that dumped as much as 25 inches of rain in some parts of the state. The area around Tampa suffered the most and 8,000 persons have had to flee their homes inundated by the swollen Hillsborough River. People in the fashionable Forest Hills section have faced three floods in a little over a year and many complained because the city of Tampa failed to solve their drainage problems after a flood last summer. Many are still paying on loans for house repairs they had to make. It will take several days before all evacuated families can return home.
Florida has laws prohibiting phrases like "climate change" in legislature. People voted for De Santis. They are all delusional. Literally voting against information.
I almost bought an as is home, I liked the floor plan and the neighborhood it was in and the asking price was well within my buget. I was a day away from signing the papers for it but thankfully I didn't, that same day the house fell down. The roof and two of the outside walls came crashing down that night. BE CAREFULL WITH ANY AND ALL AS IS HOMES !!!
I was in Asheville, NC 10 days before Helene hit looking at property for 3 days. After 3 hours I had such a panic attack I had to leave, just an overwhelming feeling of doom, pressure, fear. I couldn't explain it, so I left early and returned to Arizona. Trust the feelings, too.
Same. I moved mere in 1989, bought a GDC home for $69k. Low taxes, ins. Nice weather. Sold bought another in 2001, $185K, since sold. We raised a little family, worked as a teacher and nurse. Can’t afford to buy a home now, rent. $2500 k per mnth. Work to pay rent.
I wouldn't buy that home even if they lowered the price to $100 dollars. I sold all my houses, too many things happening now. Escalating homeowners insurance, escalating remodeling costs and escalating taxes. I'll just live off the proceeds for now.
(Was) Shore Acres here... We are one of the families that says enough is enough... We sold "AS IS", close next week... We were approached by the property investors. We're getting enough to pay off the mortgage and have some extra to restart....and that's not including the flood insurance money we got coming.... I'm glad to be rid of the house. It's a beautiful, great neighborhood... but over the last 3 years, the flooding had got worse... not just the hurricanes, but flooding just from your generic afternoon thunderstorm... Whatever the city did to "improve" the storm drainage system, has made it worse...
It’s going up, if your insurance goes down, then some coverage prolly left out like it doesn’t cover for wind or hurricane or etc. check with with your insurance agent
My insurance went up $60 this year . I'm not by a canal or in a coastal town and taking inflation into consideration I pay less on a 3000 sq ft home than I did in CT 6 years ago .
Sarasota, Bradenton, Tampa the flooding is the worst thats why I move, i would not advice people to invest in the house market or business in those cities.😢
Spending 300-500K for house prone to flood, in a state with an insurance crisis is insane. You can spend that same amount or less for more home in states/areas that's not facing these issues.
She said that she has a lot of experiences. Then, why did she buy this house in a flood zone three years ago? Four decades ago, I bought my house without any knowledges of a "flood zone." However, we are very lucky living in a non-flood-zone.
@@fishydubs7964I kinda agree with this take. I’m checked out and scouting other states! I’m tired of living in a tourist trap wheelhouse.. I want peace!
that's how the old houses near the beach were built back in the old days , that or a cheap mobile home. easy and cheap to repair or just replace the mobile home every hurricane. No insurance , because it was cheap to repair or replace.
Greed is the reason. Over building not addressing the drainage issues typical. They are doing it in our area. Builders come in raise the lot 3 ft higher than it should be and it floods the neighbors and surrounding areas.
The extremely minimal volume of water displaced by even a huge bunch of builders raising lots 3 feet higher will make absolutely no difference in the flooding of other nearby lots.
Investors have begun to abandon Florida and are buying in other states where their properties are not at risk from so many hurricanes, tornadoes and floods.
My wife said that she would like for us to buy a house 🏡 in Florida and move there I quickly told her hello too the nah no way I said Florida is surrounded by water where’s there’s water there’s gators where there’s gators 🐊 there’s snakes 🐍. I asked her what would you do if you wake up and there’s a 🐊 there looking at you with a bib on saying I’m ready to eat 😮😂
"But having 3 foot, 4 feet of water in here, no one expected that." Um, really? After other houses in the same neighborhood, according to this report, have flooded multiple times in the past 3 years?
Here is how they SHOULD handle this problem: Press the City to allow RV parking there, retain the land and make RV rental spots, it's prime rental property for that and they will be max occupancy from November through April. Live elsewhere, or retain a portion of the lot for your own RV to live in.
In the UK, it is Impossible to get planning permission to build a house in a flood zone. If you do it illegally, the court will order the removal of the house. If you don't, big fines. If you don't, prison is the final deed.
I wouldn't touch Florida, She said the house is down to the 2x4's isn't that wood rotten? I understand house and car insurance is going to be crazy in that area.
Land value only. I wouldn't pay $300,000 for a year down. Land isn't worth that. New homes will have to be built up high. Lots of these will be available, so land not that valuable either.
@@jaymiller2304 you evacuate and if you are not driving your car and cannot find anywhere else park your car at the airport parking garage. gets pricey but beats a new car. The joys of living near the beach
I’m not understanding why that isn’t the standard. I saw some guy who had his house built on stilts and his home made it with no damage water just ran under his house.
So they can be washed away? You haven't seen the steel toes being washed away all over the freaking country? I personally think only an idiot would want to climb up to a stilt home every day.
@@poollife777 you really don't know how they construct houses on stilts then. If that were the case then every house would be washed away every time there was a coastal flood.
A lot of localities are mandating this, or artificial elevation of other types, for any new builds or even rebuilds. Way too much of Tampa and Pinellas are built like it’s So. California instead of Florida.
Homes are already overpriced everywhere now but to add that nightmare to the tag is even worse. And what do investors think they’re gonna get for them because anyone with common sense would stay away from recurring flood areas
Sounds still like a lot to ask for a questionable foundation, studs and a roof in a known flood area. Go for it investors, I'm amazed anyone would risk their lives for warm winters.
@@UncleDavesKitchen Tell that to the residents of the Appalachia area who got flooded out by the storms and in no way are near flood zones. If you think this has anything to do with "weather" you are a silly boy. It is, however, all about location. Humans are impeding the process of implementing new systems. So, they are being removed. Our MIL owns several properties in Apollo Beach and Tampa. Not one property was damaged in the storms. Private ownership is the issue being dealt with in areas of interest.
I would buy it for 200k. Treat the wood. Add removable water proof drywall and add a second floor for the primary occupancy. Would cost a lot but you would still gain a lot of equity and be flood proof.
You need to demolish it completely and instead build a custom build home with steel foundation and cement/hollow block or stone slab walls. Make the first floor as your boat docking station. LOL
And after the next storm investors will be financing as is homes because they are built wrong for the area. Build light houses raised 10 feet out of cement.
If there's a mortgage the bank owns the home. When investors stop investing and homeowners begin to just walk away it will eventually cause a major problem for banks...
Don't blame the whole of Florida,i have lived here for 26 years,has been through 12 hurricanes and never had a problem with flood or damage,not even my roof..They choose to live near the ocean.river/lake....why are they surprised?The poor people that live inland in Tampa/St Petes had no problem...
selling destroyed homes for a QUARTER MILLION DOLLARS or more, in FLOOD PRONE neighborhoods is literally the most insane display of cognitive dissonance I've ever seen.
@@babe.ethereal these people can’t keep getting away with this
Ikr!
It's not crazy for them to put it up for sale for that much. The crazy person is the one who buys it at that price. I have a feeling it's going to be sitting on the market for a long time.
prospective buyers forget in a year, and you made a killing flipping the house
They won't get ... developers won't pay that.
Do your homework before you buy. Shore Acres has been flooding since day 1
The whole state of Florida is a flood zone
No one ever thinks it'll happen to them.
@@nooneyouknow5516 exactly this
But then she can't play a victim on TV! Infantilization at its finest.
Shore acres floods every high tide, if you're dumb enough to buy a house in a flood zone..... well
$300,000 considered a discount for a flooded home is ridiculous. I wouldn’t give you $100,000
You’re crazy when you can turban around and sell it for more than double the profit.
Exactly big investor real dumb
@@JohnDoe-fv7ue Which depreciates and becomes a 100k loss when the next hurricane destroys it. Lol ok
doesn't matter. Investors will come in and buy a bunch of homes until they get enough to get a Zoning change and build big ass condos there.
Lol.. where's the discount?
A lot of Americans do not have sympathy for people who choose to live in high-risk areas like this, even if they don't admit it. These damaged homes are not worth the risk!
Alot of weirdos like you. Most Americans feel hope for these people.
Your comment doesnt make sense. Thats like saying "Because you live in California where its prone to earthquakes, Americans don't have sympathy for you because you chose to live there." If no one were to live in those areas, then you and many others would want to develop the land for residential or commercial use.
If weather affected low-risk lands were the only ones sought out by people and the population of the United States tried to fit inside these more "preferable" low-risk environments, what would that do to the price of real-estate in those lands and better yet, your safe community? Demand, scarcity, and supply, but not limited to thereof, will determine home value. Maybe we were able to have the prices of the homes we've got into due to the fact people are living spread out amongst different areas of land.
Facts
But I’m the American and I don’t
She isn't getting anywhere close to $400K. It's basically a complete rebuild.
That's why we call them clueless Yankees. And Y'all scold us for it. Why? Because you are clueless Yankees.
No, just needs 4ft of new drywall and new flooring and some doors. That’s all cheap stuff. People there have to do it after every flood.
@@torsten6777 It has to be disclosed to the new buyer that it was a flooded home. Who would buy it?
Whats up with her hairline bruh
@@Andrew-iq5ud Worry, terror, and brain damage.
She isn’t getting 425k for that.
I wonder how much of that 575k does she still owe?
@@billyhorton5779 Around $459,000 if she put the standard 20% down on the home.
@@billyhorton5779 She's probably getting an insurance payout of an undisclosed amount
@@billyhorton5779 if she gets $250K from insurance and sells for that price she'll be ok.
She don't care. It's just divorce money
Selling crap for investors to buy and resell the same crap with hidden dangers. Then the headache of getting insurance for these will probably be another headache. In my opinion.
Exactly what I was thinking! Only a fool would touch any of this real estate but I suspect that they will end up sold anyway 🤦🏾♂️ what a disaster!
I just hope that they are honest about disclosing their flood history (I doubt it)
Florida law that started oct 1st states that you must disclose how many times it flooded.
@@NeilFinicum I just hope it’s actually enforced. So many laws aren’t enforced in Florida to protect investors and business entities.
@Coolguyallthetime2k Shoreacres is in a flood zone, it has always flooded. I doubt you have the knowledge you were born with .
@@sarahann530 😂😂 you sound triggered! Don’t be discouraged… someone will eventually buy your flooded home…maybe for pennies on the dollar but it will be fine ❤️
And who is born with knowledge? That makes no sense… Babies aren’t born with knowledge lol
$425K not even a mad person would pay her that much
I don't know if I need to laugh or cry.😂😂😂
Can't blame her for trying though.
The vulture capitalists are circling.
Yeah, not the greatest selling point that it flooded twice in 3 years. Best she'll get is the worth of the land... if there is any
Hahaha@@blueamenaa749
$300,000 For A Junk home sitting on a swamp. Sure ill be right there 😂
NO!
😂😂😂
They come with pet gators, though. They'll love ya forever.
They get gov't handouts every year.
Friend of mine moved from California to Florida a few months ago. Already flooded out and wanting to sell.
here 37 yrs from Long Island NY 3 different houses no flood or any problems except loss of power
@@brianne1547 That's why I'd never move to floriduh. It's full of white trash from places like long island.
Any bank that is willing to give out home loans for any of these need to be investigated
Why? They get insurance or FEMA. As she most likely will be unable to get a normal police she will need citizens insurance aka the state aka taxpayers is guaranteeing for every damage.
Someone screwed up royally when allowing the houses to be build. So now the state of Florida actually has a massive problem.
@@svenweihusen57 It's really a zoning problem. There should be no residential construction allowed in flood zones.
@@TheRm65 Pretty sure that would basically outlaw residential construction in nearly ALL of Florida (though that might not be a bad idea)...
That’s why they are selling for cash as is
Why? They're not at fault for her wanting to move into a flooded zone
It's about time Floridians got smart!
Insurance companies pulling out of Florida should have been their first clue to move on...
I agree, but we have had record number of new home owners the past four years from other states. Our home values went from an average of $240k to $440k from 2019-2024.
@@lissa4306 Floridians - smart, that's an oxymoron.
My husband and I sold just a week before Helene hit granted we were not in a flood zone or nowhere near the beach but when we sow the insurance companies leaving the state we knew it was time to sell. We moved out of state and I am filled with anxiety and stress from the move and the two hurricanes hitting back to back and then having to find another home in a state where we don’t know anyone is also stressful. But I know that with time we’ll adjust to a new place and our stress level will go down. It’s hard to make these major changes but sometimes they are necessary.
@@Maddie9185 yeah it's less stressful than continually rebuilding.
You have to be pretty dense to live there to start
Don’t feel sorry for flippers.
I agree. They went to the stock market and lost big on margin call. Their plan was to get rich quick. (You can go broke even quicker)
Theres a difference between flippers and big corporations doing the flip
@@JohnSmith-xu7ev and whats that?
Jealous
@@JohnSmith-xu7ev the volumes are different but the greedy motive is the same.
And us People in Buffalo get mocked for our snowstorms But Your home is always there
So is the snow blower which I have never seen IRL. So are the layers of clothing so you don't freeze to death. Pros and cons everywhere!
Love Buffalo, love Canada
@@imnitguy but they don't have to spend hundred of thousand of dollars to rebuild and rebuild and rebuild. Once they get used to the winter (which by the way is getting milder in time, unlike the hurricanes) they do not have the anxiety of not having a place to live any time in the summer-fall season. By the way, they do not have to pay $10k for home insurance
@@huynguyentoantin I worked for a company based out of Buffalo and while they are talking about snowblowers and spending hours clearing their driveway, I'm in shorts in 72 degree weather in Charlotte NC. I don't have $10k in insurance and I haven't seen snow in, eh maybe 2-3 years? We get the threat of snow and everything closes and you take the day off. :) Win Win. Oh and that thing in Asheville was unprecedented. Charlotte had Hugo back in 1988 or 89. Very rare.
And Buffalo doesn’t even get much snow, unless you’re in the South Towns.
I’d give her $50k, whoever is buying those homes for $400k is out of the their mind
Was told in the 90's not to buy there - someone said: "If you spit in the road, it floods!"
And what about the realtors that KNOW it floods but still sell people homes there.
certain areas flood like anywhere in the country.....ive never seen my area flood in palm beach county in the 35 years I lived there
Great point. I would love to see the news interview realtors and ask them.
They said the same thing in Asheville. Never seen NC flood. Never say never.
THE REALTORS THAT KNOW IF FLOODS BUT STILL SELL PEOPLE HOME THERE DO NOT CARE ABOUT PEOPLE THEY DONT GIVE A DAMN THEY WANT THEIR COMMISSION IT'S ALL ABOUT MONY AND NOTHING ELSE!!!
@@bobblacka918 BUT IT'S A HOAX LOL
Investors better not ask for a bail out.
Oh they will😮
A corp or banks will buy for pennies on the dollar and then ask for bailout
That's where all the FEMA money is going
Use a little common sense. No way was that a 500,000 home. What happened to North Carolina was tragic and unexpected but in these cases you chose to move to a high risk area. Much of Florida is not meant for permanent habitation or stable enough to support the homes and info structures they keep putting in. Not all that many years ago, Florida was just a vacation destination mostly for snow birds looking for a break from the cold. Seniors moved there because they were promised they could live there and not have to pay taxes on their retirement. Sand is constantly shifting. Waters always rise and surge in storms. Move inland and drive to the beaches but stop rebuilding and repeating the same bad choices, expecting a different outcome. Come on, I know humans are more intelligent than that.
Bekind4018 Agree! And to add there should be a 1 to 5 mile inland law for residential construction from all coastal areas.
When I fled Tampa Bay this past June 30th after 27 years, I told my coworker, who lives in Shore Acres, that he should do the same. I told him that when the area’s luck finally ran out he was gonna wish he had moved. Sure enough, he’s lost almost everything - house, car…everything. Now, he’s talking about selling for whatever he can get and moving out of state. Problem is is now he’s not going to have any bargaining power with so many people in Shore Acres alone in the same boat trying to unload their homes to flee the area/state. Happy I listened to my intuition.
That's his story so why did you need to tell it.
This is a dumb question but would comprehensive car insurance reimburse him for his flooded destroyed car? What about the house? I heard home insurance often has a massive deductible
Shady acres
That's his property to deal with then.
Who was unlucky enough to have bought your property? I feel for them.
I dont feel sorry for people in Florida anymore. All they do is drive my insurance rates up.
lol uhh hey stupid... their rates dont affect yours.
Everything is going up from inflation cause by massive money printing. The money is gone the debts were not paid. The Pozi Scheme is over.
Don't forget the handouts! FEMA/taxpayer money every year to buy a new house and car! Welfare queen floriduh!
Brmt -do you live in Florida
@@elizabethdillon4945 Does it matter? They are driving everyones insurance rates up.
Gee- you buy/build in a flood zone- AND IT FLOODS!!!! Who would have thought? Insurance should NOT be available for such areas.
Living and buying a house on swamp land or at sea level is not a great investment decision!!!!
Do you tell people who live in tornado, drought, or snow ridden areas the same thing?
@@BM_100Florida has worse weather except in the Winter. Seasonal place for me.
NASA has been there for how long?
@@BM_100 most areas thay get heavy snow have it cleared out in a few hour or day at most.
@@dennistyler9852 22 million people disagree.
Way overpriced 😂not even worth 200k anymore
Right…..I’m staying in the Sandhills of NC instead of moving back to my home state of Fla.
I was thinking the same thing, buy a boat if you want to live in Florida
@@UncleDavesKitchen Just park your houseboat on land.
Exactly, they need to be selling for land value instead!
I know right? The delusion!! LMAO
Two words: black mold🙌🏼💯
Black mold is not a real threat. Forests are full of mold everywhere, and you don't see people getting sick after walking through the forest.
@@lambertlum1087
Key word WALKING, not living.
Thats why they have to renovate and tear out the drywall that got wet... people don't know this?
@@lambertlum1087 Being out in nature is different. When the mold spores are released into the enclosed space of a home, the concentration of them in the air is far higher than you would find outside.
Racist
My father in laws house in Jacksonville was built on stilts with the garage under it and he was a mile from the beach and yards from the ICW. Never flooded and was built in the 40's.
I wouldn’t take a Florida property if they paid me. Crazy for anyone to put one cent into these properties.
I can’t live in a flood zone says the woman who lives in a flood zone.
Do people hear themselves?
Exactly, like the guy at 2:05 who says he ignores the fact it’s going to flood. And he’s in Real Estate. People have lost all sense of reality
@@johnurban7333 some people just don't care... especially floridians lmao I have some family that live in NC on the outer banks and it's the same thing with them. They'll have a tropical storm and everything will get flooded but the community is so tight knit that they just deal with it and help out however they can. It's an interesting life that definitely isn't for the normal person but I respect it.
The disconnect from nature is incredible
@@everythingisfine9988 Only equalled by the abdication of adult responsibilities
@@matthewlupton1539 If they are happy and don't demand the entire nation support their lifestyle, power to them. But the minute we all have to spend national resources to protect their lifestyles, it's over in my mind. Move or learn to swim.
These greedy people! THE NERVE... to sell a 3 TIMES FLOODED old house for $425,000. Stupid paid $575,000 for a $180,000 house... hoping to sell to an investor that will pay $425,000 to sell to another stupid for $575,000 again. This should be criminal.
And Stupid #2 will pay her the 475
The purchaser has no one to blame but themselves. I can offer to sell a can of bush’s baked beans for a million dollars, I’m not the dumb one if someone buys it off me 😅
THATS PROBABLY WHAT SHE OWES SHE' S STUCK
Wow I think you need therapy this has really upset you.
@@poollife777Just keep looking the other way, right? I bet.
No matter how cheap, why would anyone buy and fix up a house they know will get flooded next hurricane season?
I see dumb people.
Why are they all ground level? The entire shoreline of NC has houses up off the ground for this reason.
What were they thinking when they bought those houses? That area was always prone to flooding.
I wouldn’t give you $4.75 for these homes….
What are ridiculous comment because you know dang well they wouldn't even take it so who cares if you say something so stupid.
Id do that and resell at a higher price. You dumb af if you are serious. Some of those homes have probably been fine for decades and decades to come. Then your old grumpy ass will come down in the winter and buy one 😂
$ 10
💯💯💯
@walkerb1734 the land alone is worth more than that though. Plus it could be 100 years+ before it floods in some of these areas again. You dumb af
The Federal Government shouldn't give these people anything. These homes shouldn't be rebuilt.
I agree
$700
The Federal government does not give a dime to homeowners for any rebuilding...never has. FEMA might help with living assistance for a short period of time. Federal loans may be issued for rebuilding, but those are loans not a freebie or handout. Tired of all these uninformed knee jerk posts from folks that have no clue or for that matter anything invested in the subject.
yes we need to get the risk out of the public sphere. NFIP is deeply in debt, They are trying to reduce their exposure but they are going way too slow. I would like to see no new policies for new construction in flood prone areas. Limits on renewals after significant claims.
$575 for that average house. Mother Nature isn’t pleased. absolutely mind boggling the money people are paying for these homes they have lost their minds over living in Florida. Mother nature is going to help us put a stop to this madness.
Mother Nature doesn't exist
You got that right, I paid 28,000 for my house, a long time ago, now it's worth 400,000, and it's high and dry .
What in the heck did mother nature give you the voice to speak for her? You don't know everything about everything and it's a giant State and not everything's affected. You better watch it mother nature doesn't like to be spoken for.
@@mocheeks709dream on
@@poollife777 I said what I said.
Nature is speaking and we should all listen.
Yes don't build on swamp land like they keep doing. Blame the builders and the banks. They all know that this will happen. But to them it's about making money and they don't care
I have seen them start pouring a floor slab have it start raining stop pouring and come back the next day and finish pouring right over top of the stuff they started the day before. This will never bond and yes it will surely crack. But they don't care because they will be long gone.Sad situation for the home owner
I wouldn't pay 100k
Heh. She's selling her flooded out wreck of a home at $425,000, when she bought it knowing it was in Zone A. The worst part is that a sucker from out of state will buy it.
One born every minute
probably a ca fear mover
Like all the carpetbaggers who moved into Appalachia and bought land right in the flood zone.
@@slappy8941 -
It's why people should be willing to pay a couple thousand dollars to a property attorney. The attorney can deal with representing you, finding faults with the property (e.g. flood zone proximity) and set up a more enforceable sales contract if flaws are discovered later.
I have a feeling that some big companies are going to just buy out neighborhoods and rebuild affordable homes that they'll then rent out
Shore acres floods when the humidity is high. Don’t buy there unless you’re ready to knock it down and elevate the new home..for about 500-600/ sq ft.
I was born and raised in Florida. Enlisted in 1994 and live in Asheville now. I never remembered it like this. There were a few big hurricanes in my childhood, limited to smaller regions of Florida, but I never heard of repeat floods in a few years until recently, and I never, ever experienced what I just lived through in Asheville.
The climate crisis we've been warned about for 50 years is finally here.
Its happened before, you are just not old enough to remember. Many hurricanes over the decades have done this kind of damage, its nothing new. This happened to be back to back. The Gulf waters this past summer got warmer than usual, but that has also happened before. There have been years not long ago that there were no hurricanes or no major storms, do the research.
@@daisyle1203 Florida is still the crossroads for hurricanes 🌀. Can happen any year.
@@daisyle1203 Tell that to the polar ices caps. Excuse me ..I think you need to "do the research". It is scientifically proven and shown by the scientific and meteorologist community. Global warming is here.
@@dennistyler9852 Yes FL is but count in TX, LA,MS,AL,GA,SC,NC there too. If you live within 2 hrs of the coast you will get hit with a hurricane sooner or later. I am 68 and have lived in one of these states my whole life, 1 1/2 hrs from the coast and have been through many storms that started as a hurricane, tropical storms were not named, just common coastal storms back then. Once it was 3 times in 1 season back in the late 60s, one was as bad or worse than Katrina. Difference is the areas it affected were much less populated than now, fewer people were affected, fewer businesses and homes. All of these states coastal areas are way too crowded the beach areas need to be public lands, not meant to sustain homes and businesses. Thank realtors for this.
No way you would get insurance in a known flood zone 🙄
Exactly!.👍
How close is their public citizens insurance to collapsing? When it does, home values will plummet because they're uninsurable and mortgage company won't let you live there without insurance
Floridas home market is going to tank , people are going to be upside down on their mortgages smh
No one cares if you're shaking your head and you're so full of it my house is being going up even though I bought it very cheap. And it's in a dry zone and has stayed dry for 110 years. Do you people get some kind of kick out of making up freaking stories?
Not all of Florida floods. I live 7 miles inland and am almost 20ft above sea level. It would take a massive hurricane Florida has never seen before to flood my place. I would never buy a place 10ft or less above sea level in florida.
@@Gmac_Greg_M Maybe it doesn't flood, but how safe are you from winds?
You wish.
Won't tank..prices will come down..but they need to come down in all states..always people willing to buy in florida..nice state tax free..even the landscaping is better than most states
Rebuilding after three floods, you are stronger than I lady. Glad to know when to call it.
EXACTLY what I thought. She should have learned after the first time.
It's Sunken Cost Fallacy... which is funny because her house is certainly sunken LOL
@@vvvios FEMA funds need to be stopped for these areas....
Why are homes in hurricane prone areas built like they are in the rest of the U.S.A. (which are cheaply built with wood) rather than with cement and stone like most tropical zoned countries? Why does U.S.A. build homes that only last decades rather than multiple generations like they are in most of Europe?
Interestingly, tropical zone country like in Okinawa have stone markers along their coastline and no homes can be constructed below those markers. Okinawa is almost the same latitude as Florida, why then doesn't Florida make similar restrictions along its' coastline?
American Greed, period!
I often wondered this, too. Basically, the reasons are that it's much cheaper and faster to build with sticks (availability of materials and expertise).
Flooding year after year was never expected, but now the reality is that it would be cheaper in the long run to use concrete!
Money.
@@MrsZ14522 Greed. No way a wood built house will stand up to a hurricane. A hollow block/cement definitely will though. Time to custom built it yourself.
From 1960:
The worst flood in years hit eight counties in Central Florida following a three-day storm that dumped as much as 25 inches of rain in some parts of the state. The area around Tampa suffered the most and 8,000 persons have had to flee their homes inundated by the swollen Hillsborough River. People in the fashionable Forest Hills section have faced three floods in a little over a year and many complained because the city of Tampa failed to solve their drainage problems after a flood last summer. Many are still paying on loans for house repairs they had to make. It
will take several days before all evacuated families can return home.
People getting ripped off by Insurance Companies, losing everything.
Yes, blame insurance, which most of them don't have 🤦♂️
Why would you buy a home in a flood zone in the first place ? I don't understand
Entitlement comes first and then nothing bad will ever happen to me attitude comes second
Alot of people move to new states and don't know I didn't know a hurricane could hit nyc
Florida has laws prohibiting phrases like "climate change" in legislature.
People voted for De Santis.
They are all delusional.
Literally voting against information.
I almost bought an as is home, I liked the floor plan and the neighborhood it was in and the asking price was well within my buget. I was a day away from signing the papers for it but thankfully I didn't, that same day the house fell down. The roof and two of the outside walls came crashing down that night. BE CAREFULL WITH ANY AND ALL AS IS HOMES !!!
I was in Asheville, NC 10 days before Helene hit looking at property for 3 days. After 3 hours I had such a panic attack I had to leave, just an overwhelming feeling of doom, pressure, fear. I couldn't explain it, so I left early and returned to Arizona. Trust the feelings, too.
@@UncleDavesKitchen .. the house I was talking about that I almost bought was 3 years ago.
So you almost bought an “as is” home without an inspection or anything ? If so, then your warning rings hollow.
@@UncleDavesKitchen baloney
@@sandtoy11510 right...who does that?
Florida will become a rental home state, with ownership being too costly. Florida, Sunshine State's new motto: “Visit and return home.”
It’s already happening, started before the hurricanes
why risk your life for warmer winters?
It won't be just Florida. They're destroying our whole country. Wake up.
@@UncleDavesKitchen Ask my mother all the time... And she never gives an answer beyond "I can't take the cold anymore"
Same. I moved mere in 1989, bought a GDC home for $69k. Low taxes, ins. Nice weather. Sold bought another in 2001, $185K, since sold. We raised a little family, worked as a teacher and nurse. Can’t afford to buy a home now, rent. $2500 k per mnth. Work to pay rent.
I wouldn't buy that home even if they lowered the price to $100 dollars. I sold all my houses, too many things happening now. Escalating homeowners insurance, escalating remodeling costs and escalating taxes. I'll just live off the proceeds for now.
I wouldn’t let my family live in one of these homes
(Was) Shore Acres here... We are one of the families that says enough is enough... We sold "AS IS", close next week... We were approached by the property investors. We're getting enough to pay off the mortgage and have some extra to restart....and that's not including the flood insurance money we got coming.... I'm glad to be rid of the house. It's a beautiful, great neighborhood... but over the last 3 years, the flooding had got worse... not just the hurricanes, but flooding just from your generic afternoon thunderstorm... Whatever the city did to "improve" the storm drainage system, has made it worse...
Who in the world would buy that ? Insurance has tripled in Florida, and they are also sending out letters canceling insurance
Really then why did my insurance go down?
It’s going up, if your insurance goes down, then some coverage prolly left out like it doesn’t cover for wind or hurricane or etc. check with with your insurance agent
The same private capital that own the insurance companies are buying the property now.
My insurance went up $60 this year . I'm not by a canal or in a coastal town and taking inflation into consideration I pay less on a 3000 sq ft home than I did in CT 6 years ago .
Sarasota, Bradenton, Tampa the flooding is the worst thats why I move, i would not advice people to invest in the house market or business in those cities.😢
I would not pay not even a dime for those homes, pure crap 😮
Spending 300-500K for house prone to flood, in a state with an insurance crisis is insane. You can spend that same amount or less for more home in states/areas that's not facing these issues.
Who in their right mind would want to buy where it is prone to flooding? They will be lucky if they can give these properties away!
Right!
Exactly
They demand the government buy them out! People with million dollar homes built in risky areas known for hazards want their millions!
She said that she has a lot of experiences. Then, why did she buy this house in a flood zone three years ago? Four decades ago, I bought my house without any knowledges of a "flood zone." However, we are very lucky living in a non-flood-zone.
We live in zone D in St Pete/Clearwater. We were just told again that means no flooding. We just need a governor to do his job.
@@marlysmithsonian5746He's busy banning school kids books!
Umm hello. Why would you move there in the first place
I lived in Florida 18 years. It’s a swamp, figuratively and literally.
I don’t blame them, but now corporations will buy up MORE houses in the Tampa area and jack up the rent
Who cares
@@fishydubs7964Decent human beings care.
That is the plan.
@@fishydubs7964I kinda agree with this take. I’m checked out and scouting other states! I’m tired of living in a tourist trap wheelhouse.. I want peace!
We do. @@fishydubs7964
As if anyone would buy these damaged houses that were cheaply built to begin with. 425k for THIS? Dream on, lady.
You couldn't PAY ME to live in one of those sewage traps
Believe me they won't and you couldn't afford it so stay in the basement.
@@poollife777 WE don't have or need basements in Phoenix! We keep our land UNTOUCHED! It gets a bit warm but it's NEVER FLOODED!
Thank you…yes, totally agree.
Is there no zoning oversight in Florida or all they all paid off?
I'll give ya 100 bucks!
Cinderblock walls with zero insulation. Built as cheaply as possible.
The insulation was ripped out because it was water damaged.
that's how the old houses near the beach were built back in the old days , that or a cheap mobile home. easy and cheap to repair or just replace the mobile home every hurricane. No insurance , because it was cheap to repair or replace.
Greed is the reason. Over building not addressing the drainage issues typical. They are doing it in our area. Builders come in raise the lot 3 ft higher than it should be and it floods the neighbors and surrounding areas.
When did they over build Shoreacres ?
What is that old bible proverb about building on sand.
The extremely minimal volume of water displaced by even a huge bunch of builders raising lots 3 feet higher will make absolutely no difference in the flooding of other nearby lots.
Investors have begun to abandon Florida and are buying in other states where their properties are not at risk from so many hurricanes, tornadoes and floods.
My wife said that she would like for us to buy a house 🏡 in Florida and move there I quickly told her hello too the nah no way I said Florida is surrounded by water where’s there’s water there’s gators where there’s gators 🐊 there’s snakes 🐍. I asked her what would you do if you wake up and there’s a 🐊 there looking at you with a bib on saying I’m ready to eat 😮😂
"But having 3 foot, 4 feet of water in here, no one expected that." Um, really? After other houses in the same neighborhood, according to this report, have flooded multiple times in the past 3 years?
buying will be cheap but insuring will not. But, there is always someone for something in this world..
NOT AT 7% PLUS INSURANCE
Here is how they SHOULD handle this problem: Press the City to allow RV parking there, retain the land and make RV rental spots, it's prime rental property for that and they will be max occupancy from November through April. Live elsewhere, or retain a portion of the lot for your own RV to live in.
In the UK, it is Impossible to get planning permission to build a house in a flood zone.
If you do it illegally, the court will order the removal of the house.
If you don't, big fines.
If you don't, prison is the final deed.
Well, that is UK... This is FL
"In America, we have the right to be a stupid as we want to be!" - John Kerry
Entire state of Florida should be turn back into swamp land and national Park. Soon the nature will reclaim it.
&$$$$&&&&&
I wouldn't touch Florida, She said the house is down to the 2x4's isn't that wood rotten? I understand house and car insurance is going to be crazy in that area.
Glad I live on a hillside in Kentucky! Only nuisance is occasional snow or ice!
So I am thinking who the heck would want to buy that? Especially since she said it was full of chemicals
Land value only. I wouldn't pay $300,000 for a year down. Land isn't worth that. New homes will have to be built up high. Lots of these will be available, so land not that valuable either.
The only problem with homes built higher is where do you park your car? You'll always lose your car and anything on the lot below.
@@jaymiller2304 you evacuate and if you are not driving your car and cannot find anywhere else park your car at the airport parking garage. gets pricey but beats a new car. The joys of living near the beach
I wouldn't even think about buying a home there. Who wants to go through that over and over again.
$$$$
That woman should have invested all the money she spent on plastic surgery. Or sue and vet a refund.
Maybe you could make the walls out of something from besides sheet rock
It should be mandatory that all new flood zone housing developments should have their houses be placed on stilts like on the coast.
I’m not understanding why that isn’t the standard. I saw some guy who had his house built on stilts and his home made it with no damage water just ran under his house.
So they can be washed away? You haven't seen the steel toes being washed away all over the freaking country? I personally think only an idiot would want to climb up to a stilt home every day.
@@poollife777 you really don't know how they construct houses on stilts then. If that were the case then every house would be washed away every time there was a coastal flood.
A lot of localities are mandating this, or artificial elevation of other types, for any new builds or even rebuilds. Way too much of Tampa and Pinellas are built like it’s So. California instead of Florida.
Time to redesign homes.. has to be at least 10 ft off the ground
buy a boat if you want to live in Florida
@@UncleDavesKitchen build a house on the shape of a boat
Fuck it.
@@enrique88005 I moved to Arizona
....and floating.
14' above sea level.
You didn’t do any homework then I’ve been there 52 years. It’s been flooding every couple years the fools and their money.
Just to think 20 years ago those houses were 80-120k max
that's all they are really worth today . be glad when this housing market in florida corrects itself
Homes are already overpriced everywhere now but to add that nightmare to the tag is even worse. And what do investors think they’re gonna get for them because anyone with common sense would stay away from recurring flood areas
Don't want to flood? Buy only 1/10 zone. You can see it on the listing.. Or just float around in the back yard.
How about $150,000
Wouldn't matter
Moving to Florida nowadays is the height of lunacy.
buy a boat if you want to live in Florida
For 150k you get a nice house boat. And this is the only home a sane person in florida would have.
no way that lady is getting 425k for a house that repeatedly floods
How much does the flood insurance cost you per year?
$500
And this is why my homeowners insurance is so expensive not even living in Florida. How about we don’t build where it floods every year
Why would someone pay $300,000 for a proven flood zone house?
So they can sell it to some clueless Chinese investor for $600,000
Sounds still like a lot to ask for a questionable foundation, studs and a roof in a known flood area. Go for it investors, I'm amazed anyone would risk their lives for warm winters.
The northern half of the state sits on bedrock. It isn't flat land. Learn some geography.
@@universalmother it's still in hurricane alley, learn some geography
@@UncleDavesKitchen Tell that to the residents of the Appalachia area who got flooded out by the storms and in no way are near flood zones. If you think this has anything to do with "weather" you are a silly boy. It is, however, all about location. Humans are impeding the process of implementing new systems. So, they are being removed. Our MIL owns several properties in Apollo Beach and Tampa. Not one property was damaged in the storms. Private ownership is the issue being dealt with in areas of interest.
@@UncleDavesKitchen Most of the state isn't a flood zone. Learn some geography.
Seriously? People risk their lives for a lot less.
Making a video about how bad the homes location is will probably not increase your chances of selling said home.
This is unfortunate for the home owners that their homes are in a flood zone. Based on the homes in the video, the water level came up pretty high.
2:08
Yes, you DO have to think for yourself when you’re buying a home in a flood prone area.
OR AT SEA LEVEL NEXT TO THE OCEAN LOL
I would buy it for 200k. Treat the wood. Add removable water proof drywall and add a second floor for the primary occupancy. Would cost a lot but you would still gain a lot of equity and be flood proof.
What about 150 mph plus winds?
You need to demolish it completely and instead build a custom build home with steel foundation and cement/hollow block or stone slab walls. Make the first floor as your boat docking station. LOL
And after the next storm investors will be financing as is homes because they are built wrong for the area. Build light houses raised 10 feet out of cement.
If there's a mortgage the bank owns the home. When investors stop investing and homeowners begin to just walk away it will eventually cause a major problem for banks...
Don't blame the whole of Florida,i have lived here for 26 years,has been through 12 hurricanes and never had a problem with flood or damage,not even my roof..They choose to live near the ocean.river/lake....why are they surprised?The poor people that live inland in Tampa/St Petes had no problem...
*CALCULATED CALAMITY*
*LOOK CLOSELY BEHIND THE CURTAIN*
This is *INDEED, THE GREATEST WEALTH TRANSFER*
Just like North Carolina...
1:15 I CAN NOT BELIEVE THAT SHE BOUGHT FOR 575K FOR THAT ...
She is a total sucker. I see a bankruptcy in her future.
A fool and her half-a-million-dollars are soon parted.