Buying Land in a Flood Plain?

[Bear Charge]

To strictly be used for recreational purposes. What are the potential downfalls?

[bigmike585]

flooding . . .

[flywise]

Access when flooded

[Marco]

Lots of water when flooded.

[100%TtId]

Lenders won't lend you any money to do improvements because insurers won't insure without a very expensive flood policy.

[Mambajeep]

Resale if you're not getting a really good deal

[Christianhuff]

If it's priced accordingly and only for recreation, buy and enjoy!

[DUKFVR]

If it's priced accordingly and only for recreation, buy and enjoy!

This!

[curtintex]

If it's priced accordingly and only for recreation, buy and enjoy!

Yep. I've done it and it's really not an issue. I made great money on the sale.

[jaspermac]

Potential to lose any land? I know a guy that says he has lost 5 acres into the Sabine River over the past 10 years.

[nursejenn]

Has anyone mentioned flooding?

[Olphart]

What's the problem? Look at New Orleans....and most of Louisiana.

J/K

[mighty]

Has anyone mentioned flooding?

Lol

[gmac]

My land is 90% floodplain. During wet sesaon it is muddy and or floods. Provides excellent wildlife habitat, and majority of contiguous property is the same. Good thing is since so much of it and neighboring properties is flood plain it likely will never be developed. Worst thing that can happen long term is it could get dived up into smaller tracts, but should always be good habitat. For me unless I am buying it to try to develop it, flood plain is what I am looking for.

[IowaHunter]

Skeeters and moccasins.