Is it stupid to buy a home that has flooded?
We have found a house we like that is waterfront and has flooded in the past. We like the house but it's a fixer upper and the whole house would have to be remodeled (50 year old house).
Does anyone have experience / advice on homes in flood zones? We live in a hurricane zone, so future flooding is imminent (who knows to what degree). No one in this area seems to mind, as waterfront homes are still selling quite well and at a steep premium. We just moved here from another state so we feel like we're missing something!