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Updated about 7 years ago on . Most recent reply

Stanley J Okazaki's profile image
Stanley J Okazaki's profile image
Stanley J Okazaki
  • Real Estate Agent
  • from Gardena, California
  • Member since Jul 10, 2017
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21
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3
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Stanley J Okazaki's profile image
Stanley J Okazaki's profile image
Stanley J Okazaki
  • Real Estate Agent
  • from Gardena, California
  • Member since Jul 10, 2017
Connect
Stanley J Okazaki
  • Real Estate Agent
  • Gardena, CA
3
Votes |
21
Posts
Buying & Selling Real Estate

FEMA zoning means Hard Money is unavailable in TX.

Stanley J Okazaki
  • Real Estate Agent
  • Gardena, CA
Posted

Just spoke to a Hard Money Lender and apparently due to the flooding, the gov. put restrictions on hard money lenders ability to lend in certain counties throughout TX that have a certain "zoning" from FEMA because they were flooded. From what he told me, they can't lend in these certain counties until the FEMA zoning is lifted.

Where can one find out more about this zoning? How long would it take for this zoning to be lifted?

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