Tremendous errors are being found on the new FEMA maps. People are having to pay for “elevation surveys” to show their properties are not in flood zones, after getting a notice from their lender that they now have to pay for flood insurance. It can cost from $1200 to $10000 per year.
Tremendous errors are being found on the new FEMA maps
...exactly!! And we got hit with the flood plain designation in past years by BofA when our neighbor, who had been flooded next door was NOT in a flood plain per Wells Fargo and didn’t have to buy the crummy insurance with the mandatory $1000 deductible. BofA ignored that the Wells folks recognized no need to cover and demanded we pay in order to get the mortgage. Hate those bureaucrats!! And here comes ObamiCommieCare...
ymmv