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A real steak offs this is the first one where one of the features that came up on every house shocking frankly I feel like that well I talked about from last week's we have some folks out there who are and will divert you know and as far as flood insurance changes to what comes it's done it's not going to be any help to you at all they just delay this for you, they don't repeal the law or say we're going to go reviews rates as long as they delay the implementation your prospective buyers are going to be longing in limbo so even if you've already encouraged address I would recommend that you encourage them for them because everything that I'm hearing about is talking about delaying this but not going back through the rates what they really need to do is ask FEMA to prove up a science that comes up with rates that they've come up with, and they need to create a program that may need to have rates increase I don't disagree with that but if they're going to have rate increases it needs to be increases that makes sense with respect to the houses in question my poster child is a guy on st. Pete not saying each on Eddington Beach 900 every house on a lot that's no longer conforming if the house washes away and a flood he can't rebuild it because the Lots not big enough got a 900 square foot house built in nineteen fifty he's got a cardboard, and he's got a porch and his premium has just gone from a couple of thousand dollars to 16,000 oh, oh now we're happy nice I could have to pay that I mean it's his homestead it's going to go up twenty percent a year he has the house are preparing the house to put it on the market he has a disability and wants to move back up north for his kids and his grandkids are, and he called me the other day and asked me who he was going to sell it good question I got it is a good question Young's retiring may be more troublesome case that came to my attention, and then I'll talk about the tax roll in the normal stone, but I bring this one up as a cautionary tale if you all read the paper this morning the lawyers are already talking about the lawsuits well I've got a guy who's were bought a house in Seminole it's on the water built in the 1950s closed with an insurance quote of forty-three hundred dollars he was willing to pay that 43-year-old guy a veteran two kids and a wife just got his real notice after eliminating all coverage for contents and taking the deductible to the max his new insurance quote is 43,000 but the thing that troubles me is say this to you from the modest when I come and talk to you is this man closed in July of this year and I don't understand how somebody didn't know we tell ya I got a real someone's going to be in trouble on that one I can't and so the cautionary tale is I known are has not filed with the forms that suggest that you disclose this stuff boy it's really important because this man said I can make payments for about two months and then our deposit that we put on this down payment for...
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