Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Purveyor

(29,876 posts)

3. The problems comes when one has a mortgage, barely making payments as it is then forced

Reply to hrmjustin (Reply #2)

Mon Jan 28, 2013, 05:40 PM

Jan 2013

to pay out a huge increase in 'required by the bank' flood insurance.

They rewrote the maps here in Michigan a couple of years ago and I know 2 people that had to let the bank take back there homes. Albeit they were struggling anyway with this Michigan economy but it was the straw that broke the camels back.

Edit history

Please sign in to view edit histories.

4 replies

= new reply since forum marked as read

Highlight:

35,000 More NYC-Area Buildings In Flood Zones [View all] Purveyor Jan 2013 OP

Let the contentions, objections, and exceptions begin! bluedigger Jan 2013 #1

I am glad they are changing the maps. hrmjustin Jan 2013 #2

The problems comes when one has a mortgage, barely making payments as it is then forced Purveyor Jan 2013 #3

Home and Flood insurance will be even harder to get. hrmjustin Jan 2013 #4