S. 3649 requires the Secretary of Housing and Urban Development to give homebuyers important information when they are buying foreclosed homes, owned by the Department and located in flood-prone areas. The bill ensures that buyers are informed about potential flood risks by...
The bill wants to make sure people buying certain homes know if they might get flooded. It tells homebuyers how much flood insurance could cost and if the house floods often.
H.R. 7310 is designed to help homebuyers by ensuring they are informed about flood risks when purchasing properties owned by the Department of Housing and Urban Development (HUD) that are located in special flood hazard areas. The bill requires HUD to disclose the estimated...
H.R. 7310 wants to make sure people know if the houses they are buying from the government might flood a lot, by telling them about flood insurance costs and if the house has been flooded before.
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