my home was damage by katrina,Ins cancel, my home was foreclose on I need 86,000.00 to save my homewhat now?

Answer 1

I am sorry to hear that--and very angry. I was at the gulf coast not too long ago and saw some of the damage.....

First of all, go through the fine print of the insurance to see if you can find anything on them cancelling insurance because of that storm. Next, make sure that all premiums were paid, that nothing was beyond a due date.

Then call Federel Emergency Assistance Program--now under the umbrella of Homeland Security and explain them your situation and that you do need emergency assistance. To be honest, if I were in your shoes, I also would mobilize newspapers and radio stations to make everyone aware of this, because you are probably not the only one who has to go through this canellation.

In the meantime, go to the Salvation Army to see if they can help you out with some financial assistance. Usually the local YWcA, the Homeless Shelters, and a lot of Christian agencies do get grants for this kind of thing. No one should lose their home over something like this--absolutely no one.
Good Luck

Answer 2

Katrina hit us last Aug. 30th, you've had a lot of time to work
this stuff out. If procrastination was part of the problem, your
going to pay a big price for it.
Contact your insurer, find out why it was cancelled-they have a reason for doing so & you need to know what it is!
Got a mortgage?, contact the bank....explain it to them, you arn't the only person Katrina hit. There are probably other people in the same situation.
Contact FEMA..if its not too late.....they can advise you
on what goverment help is available.
Contact your employer, they may be willing to help, especially
if they were also hit by the storm. For example: Ask if you can tap into your 401k.
My condo was distroyed by Huricaine Wilma & as bad as it was EVERYONE was in agreement that repairing & rebuilding was the key to getting things back in order. There is something
missing, something you havn't told us, for you to be getting
a forclosure this long after the storm & for you to be acting so
suprised about it.
Good Luck

Answer 3

This is going to sound crass and uncaring and I don't mean it that way at all. However, I don't think there's any easy way to put it. You need to cut your losses and move on with your life. Yes, your home is damaged and it was your home. But it appears that the reality is you can't pay the mortgage and do the repairs too. Cut your losses. Find a new road to walk and start again. It can be done. I know. I have started over more times than I can count. And I'm starting again at 64.

Chin up! And, good luck!

Answer 4

Start all over. Apply for all the government help you can get and don't let the negative hurt you even more. You have to keep going and never give up. Now you know that insurance is nothing more than a tree limb falling on your roof. I've always thought of insurance as a scam. Move to a place where flooding and hurricane doesn't always happen. If you aren't living, then you are either dead or dying. It's your choice. God bless you.

Answer 5

SBA is giving loans to qualified individuals to move out of the various flood areas, contact the Small Business Administration about getting a mortgage to purchase a house in another state.

Answer 6

I agree with all the above. Have you tried a foreclosure bailout program? Most will lend up to 85%LTV, be carefully some of them are crooks.............Reply to me if you need/want more information.

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Answer 7

i'm really sorry

the only thing i can think of is to go out and do anything u can to get money

go mow lawns, clean houses, anything

do it all day long and soon, u might hav some

Answer 8

Did you vote for Bush ? Write him.

Answer 9

I feel really bad for you, I really do.