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Updated almost 7 years ago on . Most recent reply

Karen Asher's profile image
Karen Asher's profile image
Karen Asher
  • Member since Aug 5, 2018
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Karen Asher's profile image
Karen Asher's profile image
Karen Asher
  • Member since Aug 5, 2018
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Karen Asher
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Land & New Construction

Fema limits on rehab

Karen Asher
Posted
We purchased a duplex in a beach community that needed rehabbing(one half had been demoed to studs) after purchasing and applying for permits we find that fema limits the rehab to 50% of the apparaised value of the house. This will not make both sides livable or rentable. Does anyone have experience with this? Is this a yearly limit in other words if I use all 50% in 2018 can I do more in 2019. Thanks, karen
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