Listen "Tom Padden and Alison Schmidt"
Episode Synopsis
“Comps” from a year ago are not comparable to today's market. So what do you do? Appraiser Tom Padden of Peconic Appraisers shares his insights and the challenges he faces in appraising homes, especially in a rising market.FEMA expert Alison Schmidt of Epic Insurance enlightens us about the various flood zones of FEMA. She explains the new regulations that are going to affect premiums and how FEMA will calculate them. Schmidt discusses how and why some will see significant increases in their premiums while others won’t due to new FEMA algorithms.
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