Dear Eleanor,
My first reaction to your letter was to politely ask
the lender to recheck.
But after
pawing it around a little, I decided it would be better
for you to consult with your city or county officials
to get official confirmation that your home is, in fact,
outside the flood plain. Your homeowner's insurance
agent can also assist you. If there's been some kind
of change that's put you within a federally-designated
flood plain, this is certainly something you need to
know and act upon before hurricane season starts on
June 1.
Most insurance
companies have a 30-day waiting period from the day
you buy flood insurance to the day it takes affect!
Your friend,
Howard
Previous
Ask Howard Columns:
About
Buyer's Agents
Raised Ranch Dog
House
The Perfect House
Fast
Home Sales (and those dog sweaters)
Talking
To Builders
Location,
Location
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