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re: Just heard on the radio, regarding financial relief for yall with flood damage

Posted on 8/15/16 at 3:08 pm to
Posted by Cosmo
glassman's guest house
Member since Oct 2003
129199 posts
Posted on 8/15/16 at 3:08 pm to
bullshite.

This is why people will continue not getting flood insurance. Big daddy government keeps bailing people out

I have no problem with 0 interest loans for this though
Posted by lsunurse
Member since Dec 2005
129146 posts
Posted on 8/15/16 at 3:12 pm to
quote:

This is why people will continue not getting flood insurance. Big daddy government keeps bailing people out


33k isn't that much though in the grand scheme of things. I guarantee you that my dad will be getting flood insurance now. It will take some strain off their shoulders...but certainly not as much as if they had coverage.


I would imagine several people will get flood coverage now.
Posted by Cosmo
glassman's guest house
Member since Oct 2003
129199 posts
Posted on 8/15/16 at 3:13 pm to
33k is plenty enough to cover damage in a lot of these homes. People will come out with nicer floors.
Posted by lsunurse
Member since Dec 2005
129146 posts
Posted on 8/15/16 at 3:15 pm to
quote:

33k is plenty enough to cover damage in a lot of these homes. People will come out with nicer floors.



You are not taking into consideration all they would need to use that money for. Not only to repair their home...but also replace contents. 33k will not cover all that. It will just ease the burden a little bit.
Posted by BRgetthenet
Member since Oct 2011
118229 posts
Posted on 8/15/16 at 3:15 pm to
33k is plenty if you do the work yourself.

Hanging Sheetrock and nailing down baseboards isn't hard.
Posted by Black n Gold
Member since Feb 2009
15823 posts
Posted on 8/15/16 at 3:22 pm to
I'm going to be accused of being a dick, but why is the government paying out anything to non-insured homeowners? Is it an "oops" payment for not zoning correctly? When they redrew the flood lines in and around Livingston a couple of years back, there was mass revolt.
Posted by lsunurse
Member since Dec 2005
129146 posts
Posted on 8/15/16 at 3:26 pm to
I just replied and forwarded your email to the other poster that also has family there.
Posted by TigerBait2008
Boulder,CO
Member since Jun 2008
38046 posts
Posted on 8/15/16 at 4:07 pm to
quote:

FYI, saw this after Katrina, but it did report as a late payment on the credit report.





No, no it didnt
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