Skip to content

Waiting for Payouts

Just talked to Roland Graybill, our flood adjuster. He assured me that he completed our claims last week. It’s just a matter of waiting for Fidelity, our insurer, to cut us a check. Then things will get really complicated, because our mortgage company wants to put the money in escrow and dole it out piecemeal as repairs are completed.

Mr. Graybill said I should allow a couple weeks yet for the checks to arrive, because “that’s just how long it’s taking.”

Published inFinancial ShitKatrina


  1. If you don’t have one already, you should try to hustle on getting an Amex card (a real one, not a Blue one) or some kind of credit card that’s going to let you float thousands of dollars at a time. If this works anything like home construction loans, you might end up in the situation where you need to buy a bunch of stuff, show up with receipts, and then get reimbursed.

    Depending on the home improvement store scenario down there, you might also be able to score a line of credit or a store card, too. I imagine if this is happening to everyone, local stores are being more “creative” about this sort of thing to get your business.

Leave a Reply

Your email address will not be published. Required fields are marked *