Flood Insurance

[John Jabson]

We are 3 days away from closing and I get a paper that lists the things that I need to bring to closing. No problem until I see, "This property is in a special flood area" and you need "proof of flood insurance."

The sellers gave the bank and me a copy of a paper that stated that the property was not in a flood plain. I would not have bought the property if this was not there. However, it looks like FEMA changed the maps last year. And....our mortgage officer figured waiting until I called him 3 days prior to closing was the most appropriate way to inform me of this.

Great news! Anyone else ever dealt with a waste of a mortgage officer?