Those who are coming out of the aftermath of Hurricane Ian only to find that their home has suffered significant damage or is totaled as a result of the storm may wonder what options are available to help them through this difficult time.
There are generally two paths to take in this situation. The first is the initial, immediately following the storm. The second is the long-term rehabilitation efforts. This can extend years into the future.
What should I do after the storm?
The first step is to look into available resources. Those looking for new housing options, in the temporary or more long-term options, can use the Florida Housing Search to find affordable rental property with additional information about accessibility features and neighborhood amenities. In some cases, the State Housing Initiatives Partnership (SHIP) may help. This service can help with temporary relocation and rehabilitation after the storm. More information on these and other options specific to Hurricane Ian here in Florida are available here.
Additional federal options through the Federal Emergency Management Agency (FEMA) may also offer relief.
Federal and state aid programs are often some of the first steps for homeowners who need relief after a natural disaster like a hurricane. The next often involves a review of any insurance coverage for potential payment.
What if I cannot afford my mortgage?
It may seem impossible to think about continued mortgage payments during these difficult times. Mortgage relief options may be available. This could include forbearance or the ability to delay payment for a time without default. It is important to have conversations with the mortgage provider. Do not just stop making payments. These conversations can lead to a resolution that will reduce the risk of additional late fees and a negative impact on your credit score.
Navigating through these options is not always easy. An attorney experienced in loan modification options can review your situation, discuss your options, and advocate for your interests to help address your concerns.