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Nanci Brogan #367192
Redwood Mortgage Company #51040
As stated by the others, the flooding occurred because the dams broke. The dams had not been inspected properly and the homes in those areas have been assessed for those damages. If you happen to be interested in one of those homes, this assessment will be disclosed to you. The township does have a flood zone map which you can review to see which areas are in a flood zone. Please do not let this deter you from Medford. I live in Medford and it is a great area. I am less than 1/4 mile to some of the flooding yet I do not live in a flood zone.
Theresa "Terry" Bower
Coldwell Banker Elite, Realtors
679F Stokes Road
Medford, NJ 08055
(609) 970-4963 (cell)
Not to repeat the previous answer but just to add that your mortgage company will require a flood certificate to determine if you are in a flood zone and if flood insurance is required. You can also go to the township office and look at their flood map. Every township has a map that was done by the Army Corp of Engineers that determines flood zones. There are varying degrees of a flood zone, 50 year, 100 year, etc. The amount you pay for flood insurance is determined by these ratings.
My advice would be to stop by the Township Office and view this map before you go out house hunting. There is also a FEMA web site that might provide some help.
Broker - Sales Associate
856 235-1950 x 140
609 680-8490 cell
If you are going to be looking to buy your first home, be sure to work with a professional that specializes in dealing with first time home buyers.