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re: La Flood Recovery Funds - RESTORE
Posted on 4/3/17 at 2:07 pm to Bard
Posted on 4/3/17 at 2:07 pm to Bard
quote:FEMA requires you to keep flood insurance if you ever want FEMA aid again. It is not required for the sale of the home. The irony of that is that if you do have flood insurance, you aren't really going to get FEMA aid anyway.
You will be forced to maintain flood insurance thereafter and when you go to sell you will have to make it known to the buyer that the property has to maintain it no matter if it's outside a flood zone or paid in full.
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