Lake Travis Topics: FEMA's FLOOD PLANE
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Name:
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Bullitt
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Subject:
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FEMA's FLOOD PLANE
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Date:
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7/22/2014 4:52:32 PM
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Is there a group out there challenging...
1. FEMA's 722' flood level?
2. FEMA's interpretation of when a home is in the flood plane?
28 years of living in the same home and never needed flood insurance until being advised to re-finance (cash out) our home and the mortgage company now requires flood insurance ($2,200.00 per year). After hiring a surveyor for a new elevation certificate only to find FEMA has changed their interpretaion of what portion of your property is in the flood plane directly affects your insurance requirements. If the requirement by the FEDS to carrry insurance that I will never need isn't enough, what do you think property values are going to do when your home is classified as being in the flood plane of Lake Travis.
Anybody out there fighting this?
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