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Flood zone changes will soak residents

FEMA's reclassification affects 1,000 properties on Oahu, affecting values and entailing insurance

By Gary T. Kubota

POSTED: 01:30 a.m. HST, Aug 25, 2014

~~<p>Hundreds of property owners on Oahu have been told their land has been reclassified and is now in a &quot;high-risk&quot; flood zone as the result of remapping by the Federal Emergency Management Agency.</p>
<p>Owners with mortgages will be required by lenders to buy flood insurance if they find themselves in the zone. Others with mortgages on homes already in a flood zone may have to pay more for coverage if new maps now have them in an area of higher risk.</p>
~~

Hundreds of property owners on Oahu have been told their land has been reclassified and is now in a "high-risk" flood zone as the result of remapping by the Federal Emergency Management Agency.

Owners with mortgages will be required by lenders to buy flood insurance if they find themselves in the zone. Others with mortgages on homes already in a flood zone may have to pay more for coverage if new maps now have them in an area of higher risk. Login for more...



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