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Started By
Message
Posted on 2/26/18 at 4:27 pm to lsupride87
quote:
They told me to apply for it as early as possible so the 30 days would be less by the time I moved in my house.
This is good advice for cash sales because the loan closing exception doesn't apply to cash purchases.
Posted on 2/26/18 at 4:28 pm to Tiger Prawn
quote:I can assure you I did not pay in cash
This is good advice for cash sales because the loan closing exception doesn't apply to cash purchases
But this is what FEMA, and the writer of my policies told me to do/told me that was my only option.
Posted on 2/26/18 at 4:33 pm to lsupride87
quote:
I knew I should have got Chad as my insurance guy
Chad doesn't like Chuck E Cheese pizza parties. I couldn't do business with someone like that
Posted on 2/26/18 at 4:41 pm to lsupride87
quote:
If you buy not in a flood zone, you still have to wait 30 days
Not entirely sure you're accurate on this. Currently buying a home in X flood zone (no insurance required). If I pay the full $450 upfront prior to closing, it goes active that day. If I add it at any point after, there is a 30 day waiting period. Unless my insurance broker is full of shite.
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