Originally Posted by p1mpdogg

ok so i was in escrow on this property on padre island, which might be ruined in this rita BS.. maybe not but i backed out of the deal anyways.... im assuming im gonna lose my earnest money... but i was told there is something that deals with natural disasters being a loophole and i could get it back...

only 3500, but better than losing the lace to a storm and having to deal with insurance and rebuild etc... soil ruined, flooded etc..

thoughts?