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Real Estate & Property Law

: The Home Equity Theft Reporter

Texas Homeowner: Updated Flood-Plain Maps, Retroactively Charged Force-Placed Insurance Leaves Me Facing Foreclosure

By r morris

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In Waco, Texas, the Waco Tribune Herald reports:The Federal Emergency Management Agency?s policy requiring flood insurance in flood plains is meant to protect life and property. But in East Waco, it may cost a single mom her home. Charrie Rollins, 36, is facing foreclosure on the $81,000 brick home she bought three years ago [...]. She says she has fallen behind on her payments because she can?t

Full post as published by The Home Equity Theft Reporter on September 09, 2009 (boomark / email).

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