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Old 07-17-2013, 12:25 PM   #4091
OldDutch
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Join Date: Oct 2009
Location: North of the River, South of the Bluff
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Quote:
Originally Posted by Erick Estrada View Post
I assume people that own houses now branded as flood fringe will see some depreciation in their property values. Are current owners SOL or are they being compensated for the devaluation?
As of right now our houses are worthless in flood fringe. Who would buy our house not knowing the answers to the last few posts above? They are marked houses, with no real idea of their worth right now. Basically no one is moving out of here (possibly to high ground) anytime soon, everyone is stuck until the gov't makes up their mind.
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