Real estate blog entries tagged with natomas by Jeff Engle PlacerAreaHomes.com (Neighborly Realty)

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Home : Blogs : Jeff Engle PlacerAreaHomes.com : Jeff's Blog : Tag "natomas"

natomas: New Flood Insurance Information for Natomas - 05/05/10 10:27 AM

This just in from our friend Chris Altobell with Farmers Insurance. It looks like buyers in Natomas may have a few extra hiccups:
Hi Jim,
The National Flood Insurance Program has been suspended; meaning new flood policies cannot be issued. This will likely have an impact on your clients looking to close escrow on a house in the Natomas area (or any other area) where flood insurance is required by the lender.
The flood program will not be reconsidered for extension until the Senate resumes its session on April 12th.
Here's why it is being suspended:
1) The proposal for extending … (0 comments)

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Lincoln, CA

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