If the property is in a flood zone, an additional annual insurance premium of several hundred dollars may be required (check with your insurance agent about cost and coverage). If the property is in an area deemed high risk, the buyer may be required by the lender to obtain flood hazard insurance through the National Flood Insurance Program. Find details on flood plain status at:
Maricopa County: www.fcd.maricopa.gov/
Pima County: www.rfcd.pima.gov
Other parts of the state: www.azgs.az.gov/index.htm
FEMA’s Flood Map Service Center: www.fema.gov/hazard/flood/index.shtm