Smith Lake Topics: Cert. of Elev.

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	Name:	MartynMart -
	Subject:	Cert. of Elev.
	Date:	12/22/2009 9:11:54 AM

I don't fault the bank at all for any of this. If I were holding a mortagage on a piece of property and I became aware that FEMA had classified the property in Flood Zone A (the highest risk category for flooding), I too would require flood insurace. FEMA created this aggravating situation by poor implementation of the new flood zone classification.

When I purchased my property, the only restriction on construction was the Alabama Power 522 rule. For FEMA to classify all of Smith Lake as Zone A without prior notification to property owners, was not right. Had FEMA provided notification ahead of time, that is before the new rule became effective, property owners with dwellings above the 524 line could have applied for a LOMA before the 524 rule was implemented and avoided having to take out flood insurance until the issue was resolved. The cost of an Elevation Certificate may still have been necessary but not the interim flood insurance.

The Lowest Adjacent Grade of my property is well above the 524 line so I expect my LOMA to be approved and my mortgage company has indcated that they will waive the requirement for flood insurance once the LOMA is approved. So, I expect to get a 100% refund of my flood insurance premium...eventually. It just would have been nice to have advance notice from FEMA so I could have minimized the aggravation. The net effect is that I have had to shuck out hundreds of $s to prove that FEMA mis-classified my property. This is a case of "Guilty until proven innoncent!"

Other messages in this thread:

View Entire Thread

Cert. of Elev. - lotowner - 11/30/2009 12:34:15 PM

Cert. of Elev. - Seal Team - 11/30/2009 4:08:12 PM

Cert. of Elev. - lotowner - 11/30/2009 4:29:55 PM

Cert. of Elev. - Seal Team - 11/30/2009 4:31:55 PM

Cert. of Elev. - lotowner - 11/30/2009 6:02:23 PM

Cert. of Elev. - MartynMart - 12/1/2009 4:35:57 PM

Cert. of Elev. - southerncomfort - 12/3/2009 11:58:15 PM

Cert. of Elev. - southerncomfort - 12/3/2009 11:48:19 PM

Cert. of Elev. - No Cat - 12/9/2009 12:55:20 PM

Cert. of Elev. - MartynMart - 12/22/2009 9:11:54 AM

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