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Pastimes : Where the GIT's are going

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To: sandintoes who wrote (92690)2/22/2005 12:11:37 PM
From: Neeka  Read Replies (1) of 225578
 
FEMA is very restrictive in what they will do from what I understand. Our one neighbor has to have flood insurance through FEMA because he has a mortgage, but he found out the other day that FEMA will only pay if the house if flooded, not if it is washed away in a flood. He is losing his river bank and the river will take his house if he doesn't do anything. So here he pays insurance every year, he has no choice, and it's not going to do a darned thing for him if his house floats away.

His wife has MS and the whole thing is very stressful. They can't sell the place in its current condition. They are going to have a big rockery built on the bank and try to sell. I'm sure they will take a loss.
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