02-01-2013, 07:29 PM
Re: Ard's proof of life call
Many, many years back but the Flood Insurance (you 'must to get a home loan') was one of my Dept. reports. I could look at a flat blank map with just elevations on same (not to mention the width of the 'black and 500 year gray) and tell you exactly the topo. This is back in 1984.
'In' the 'Black,' you got it, in the 'Grey' we sent a letter strongly suggesting you purchase. You (legally) couldn't make it a requirement of a single family mortgage. You're in a "B Zone" the coverage was cheap as chips, like fifty bucks a year? Appears many read the letter.
I'd look at the Central Valley (Kalifornia) maps and just shake my head. Not a 'if,' just a When, and there's going to be all hell to pay.
It happened a few years later.
Letter was sent out (over objections) after the loan closed. Appears many read same, did same.
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