[StBernard] LRA Housing Formula

[Westley Annis]

All knowing Westley,
Hopefully you know a little about this, i looked at the formula that you
have published on the web site, do you know if the LRA will take into
consideration what insurance proceeds were required to pay off the mortgage?
(ex: Insurance 120,000, home pre-katrina value= 140,000; mortgage = 90,000;
actual insurance payout: 30000; cost of today's home prices: astronomical).
Any input on this is greatly appreciated.
 
Thanks,
Denise 

	-----------------------------------------------------
	If you are trying to figure out how the proposed housing proposal
from the
	Louisiana Recovery Authority would work in your particular scenario,
you can
	now use a web page to help decide which option would be best for
you.
	
	http://www.askwestley.com/archives/2006/02/louisiana_recov.html
	http://tinyurl.com/nqwwf
	
	Westley