The Federal Housing Finance Agency (FHFA) has released the Mortgage Loan and Natural Disaster Dashboard the public. It’s designed to provide property owners, community leaders, financial institutions, policymakers, and other stakeholders with better insight into which areas are most likely to incur greater damages from natural hazards.
This map can be scaled down to the state, county, tract level. Then to the type or risk ranging from wildfire, flood, earthquakes, that can be applicable to the Los Angeles region. The risk of volcanic activity and tsunamis that wouldn’t be applicable to the San Fernando Valley might be if someone was to evaluate a different region before moving.
Note that FHFA’s data can be different from other government department’s data that can be used in a Natural Hazard Disclosure Report used for the sale/disclosure in the sale of a property. Also the Insurance Industry has their own data used for risk analysis that may also be unique relative to other reports.
Insurance availability and cost has been an issue with property purchases. Checking on insurance early in a real estate purchase process is critical.
The Natural Disaster Dashboard can be found at https://www.fhfa.gov/data/dashboard/mortgage-loan-and-natural-disaster
Ron Henderson GRI, SRES, SFR, RECS, CIAS, CREN, GREEN
President/Broker
Multi Real Estate Services, Inc.
Gov’t Affairs Chair – California Association of Mortgage Professionals (2017-2018)
Chairman – OutWest Marketing Meeting (Real Estate Education)
BRE #00905793 NMLS #310358
www.mres.com
ronh@mres.com
Specialist in the Art of Real Estate Sales and Finance
Real Estate market, mortgage rates, Los Angeles, San Fernando Valley, Conejo Valley, Simi Valley, Woodland Hills, West Hills, Calabasas, Chatsworth
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