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Meanwhile back in Galveston: Oy! No pie for you if you end up on the beach!

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Are_grits_groceries Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 08:43 AM
Original message
Meanwhile back in Galveston: Oy! No pie for you if you end up on the beach!
Houses might not qualify for buyout program
Public Beach Buyouts

All property in the city qualifies for the grant program.

But West End property owners like the Peeles, whose houses ended up on the public beach after the storm, are counting on the grant to get them out of being stuck with property that now belongs to the state of Texas.

When the storm came ashore on Sept. 13, flooding 75 percent of island houses and leaving a trail of destruction along much of the upper Texas coast, it chewed away the island’s beaches.

Many houses that were once beach-front property are now gone. Houses on the second row of neighborhoods south of FM 3005 are now on the beach, which is public property under state law.

In about 10 months, the Texas General Land Office will make its final decision about which houses are on public property. Those that are must be demolished at the owner’s expense. Property owners would then be left with a mortgage on property they no longer own.

http://galvestondailynews.com/story.lasso?ewcd=11f354347a149170

Talk about a mess. The hurricane leaves them on the beach, and the state gets to leave them high and dry.
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whoneedstickets Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 08:58 AM
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1. This is what insurance is for....Federally subsizied insurance...
Is available for oceanfront homeowners as part of the flood insurance program. If you didn't insure your beach home, well that's your own damn fault.
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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 09:04 AM
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2. That is a risk when you buy beach front property in Texas. It's disclosed in every land sale within
a certain distance of the shoreline. If I'm not mistaken it's also printed on every property's tax bill that is within a certain distance of the shoreline. There should be no one surprised by this happening.

This law is there to guarantee Texas beaches will always be open to the public.
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deaniac21 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 09:51 AM
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3. Costal property in the most active hurricane area in the world.
Who could have possibly thought there might be problems?
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