- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Any benefit to not accepting FEMA money?
Posted on 8/25/16 at 2:29 pm
Posted on 8/25/16 at 2:29 pm
Let's say you received minor damage due to the flooding and you can afford to make the repairs yourself. Would it be beneficial for future resale value to refuse a FEMA inspection and just withdraw the application?
Does accepting FEMA aid flag your property as flood damaged?
Does accepting FEMA aid flag your property as flood damaged?
3
Posted on 8/25/16 at 2:30 pm to WhoGeaux
quote:
Does accepting FEMA aid flag your property as flood damaged?
You would have to disclose that the property was flood damaged regardless of you accepting FEMA money.
Posted on 8/25/16 at 3:01 pm to WhoGeaux
quote:Being able to sleep at night.
Any benefit to not accepting FEMA money?
Posted on 8/25/16 at 3:39 pm to WhoGeaux
As others have said, you must disclose the damage regardless of taking FEMA money. If you don't need the cash, don't file. Why would you want gov't money with its many strings attached if you don't need it?
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News