Lake Martin Topics: Flood Level 524?
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Name:
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Yankee06
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Subject:
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Flood Level 524?
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Date:
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7/27/2009 11:59:14 AM
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-Does anyone know anything about the lake's flood level being raised from 522 to 524 feet. I was recently informed by my mortgage company that I was in a flood zone and have to buy flood insurance or they will buy it for me (they didn't tell me I had to have flood insurance when I took out my loan three years ago). Additionall, in looking for a surveyor to provide me a certificate of elevation to show I'm above the 522 line and thus do not have to have flood insurance, I've been told that the flood line is now 524. Also I've been told that a home owner has to buy flood insurance if the home is less than 2 feet above the flood line. Thus my home has to be above 526 feet. I have a surveyor coming today.
-However, I know that a lot of homes were built just above the 522 line. If the line has been moved to 524 and you need 2 feet above that, this means a lot of people are going to have to shell out significant money for flood insurance.
-Does anyone know if this info on a new 524 flood line is true and if so, -then when, why, and who changed it from 522 to 524?
-Thanks
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