Biloxi Topics: Flood Insurance

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	Name:	lucky67 -
	Subject:	Flood Insurance
	Date:	1/11/2012 7:13:31 PM

as a lender & LM owner--I also received the lettter; you must_contact a surveyor to shoot an elevation cert--he will completer all the forms & you must submit to FEMA for a LOMA { letter of map amendment]=your lender must accept that; surveyor typically charges $400--good luck--I got my LOMA & lender & FEMA accepted it--however 3 months later & no refund from FEMA on my flood; this is a racket--all lenders must, by law, check with FEMA anytime you purchase or refinance--FEMA in JULY 2011 reworked LM maps--even though we knpow LM can never flood--recognize a lender can, if you dont get a LOMA by the date they rtequire flood ins, a lender can force place insurance & many lenders own the insurance company !! for example--my flood ins cost $400 via state farm, but Bank of America wassa going to force place it for $2800.00 with a cvompany they own !! if you dont knpow it by now, the federal govt & Obamas appointees have decimated the mortgage industry & the big banks who got bailed out are getting preferential treatment, like they never did any bad lending !!!!!!!!!!