Did Wells Fargo Home Mortgage apply your NFIP Flood Insurance or Disaster Insurance toward your mortgages unpaid balance?
By Murray Wennerlund published 11-3-2022 updated 11-3-2022
By Murray Wennerlund published 11-1-2022 updated 11-1-2022
Disaster victims that were forced to demolish their homes and elevate above Base Flood Elevation plus 2 feet were sent a Restore LA OCD-DRU Solution 2 Reconstruction and Elevation Allowance calculator Using price per SF change for elevation > 3' spreadsheet converted to a PDF displaying your total elevation allowances from HUD's CDBG-DR grant program.
You may have needed to ask your case worker, case manager or CTA for a copy of this spreadsheet. The spreadsheet was created Feb. 14, 2019 for a couple of homeowners that needed to verify the state was going to aware the additional costs of reconstruction.
Management has long fought not to provide elevation calculations similar to this spreadsheet to Manufactured Home owners and select elevation practices seem to be excluded from the calculation. (Fill Dirt, Abandonment of First Floor)
You can download a copy of our Solution 2 Reconstruction and Elevation Allowance calculator using price per SF change for elevation > 3'. workbook and / or you can use the online calculator that will show your grant adjustment if your elevation is correct.
How high should your finished floor of your new home be from your lowest land grade?
By Murray Wennerlund