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One of the major issues we had. have here in Louisiana from last years flood, is that if you didn't have flood insurance then you were able to get some fed disaster aid. The range is 8000 to 30000. To this day the justification for who got what still hasn't been made clear. But if you fed funds then you have to find a contractor that's approved by the feds. They must first do an estimate to repair. If that figure is 51% of the total value, that house must be destroyed. Along with those funds you can apply for a SBA loan, but that is based on the equity in your house. There are still large numbers of homes that have been gutted and then just left vacant. Once they started working and began to count the cost, it wasn't worth it and walked away. and there are still some homes that were closed up and nothing was done. Within the past few months numbers of contractors have been convicted of swindling money out of folks. Some are justified and some contractors took on too much work, lost employees to better paying jobs and couldn't complete the job. Now if your looking to take advantage of this situation...cabinet makers are getting very rich. There are still some homes that are almost complete less cabinets in the house.
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