Hopefully the city is only giving them the difference between what the insurance company paid (ACV) and what the market value is. I’m hoping somebody is smart enough to take that into consideration vs paying them the whole market value, plus they get their insurance money. Also for any that didn’t have insurance, pay them the ACV of their house as it is now. They would have had to come up with extra money some how to fix it up so they can still come up with that money to buy a house somewhere else. Boy I’d sure like to know the answer to that.
Hopefully the city is only giving them the difference between what the insurance company paid (ACV) and what the market value is. I’m hoping somebody is smart enough to take that into consideration vs paying them the whole market value, plus they get their insurance money. Also for any that didn’t have insurance, pay them the ACV of their house as it is now. They would have had to come up with extra money some how to fix it up so they can still come up with that money to buy a house somewhere else. Boy I’d sure like to know the answer to that.