Tag Archives: podcast radio

The Renegades Got It Right Again…

They are right…Things are only going to get worse!


Our local news in Wilmington NC reported today that FEMA is raising taxes in flood zones by 25% a year until it reaches the amount THEY feel covers the property.

They also reported that they are redoing flood zone maps…ACROSS the COUNTRY. If you don’t live in a flood zone now, you soon may!

A house, under contract here in Wrightsville Beach, had the buyer back out of the sale because the flood insurance went from $800 a year to $30,000 a year upon closing on the house.  

Buyers MUST be told of the annual cost of flood insurance when looking at the property. It will be at the higher the cost that FEMA deems necessary and not what the property is rated at now!

That to me, is raping the buyer. I don’t see a lot of houses being sold in flood zones any time soon.

A friend of mine’s car insurance went up $12 a month and he has been with the same company for over 15 years, never had an accident, ticket and his rates had gone down every year until this year…

I’m afraid this is just the beginning my friends, just the beginning. 

Leave a comment

Filed under "AT" Author Tease Readings