More than two dozen Lexington County, S.C., residents are ready to sell their homes rather than repair the flood damage.
The State newspaper reported that 28 homeowners are asking county officials to buy and demolish the homes as part of an effort to reduce future damage in flood-prone areas.
Consultant Erich Chatham told the county council Feb. 14 that no sales offers have been made yet, but those may start in a few weeks.
More applications for buyouts are expected.
County leaders have set aside $10 million to acquire about 65 homes. The plan is part of recovery efforts from floods after record rain in October 2015.
Four neighborhoods in the Irmo area and one in Cayce were hardest hit by that flooding.
Topics Flood Property Homeowners South Carolina
Was this article valuable?
Here are more articles you may enjoy.
Virginia Says Airbnb Lacks Insurance License to Offer Host Damage Protection Plan 
Appetite for Insurance M&A Remains as AI Enters the Chat, Says PwC 
WR Berkley Founder and Executive Chairman Dies at 80 
Wall Street Is Gaining Access to New Catastrophe Models to Help Predict Wars 
