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E-MAIL SCAMS - 05/31/10 03:11 PM
A recent scam involves an email from an email address you know. The person you supposedly know will ask for money due to some specific emergency. Please make it a practice to NEVER send money to anyone until you confirm the validity by phone. It is amazing what information is made available to scammers that is used against us.
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Options During Flood Insurance Hiatus - 05/31/10 02:47 PM
Options during flood insurance hiatusShould a buyer not secure flood insurance on time, closing is still possible if the buyer "assumes" the seller's existing flood insurance policy. For this to work, the seller must have coverage and be willing to transfer it. More info: http://www.fema.gov/pdf/nfip/manual201005/03gr.pdfIn addition, a handful of private companies also offer flood insurance not backed by NFIP, such as Lloyd's of London, Chubb and AIG. However, these companies issue only a limited number of policies and, without federal backing, it can be expensive.Secondary lenders that purchase mortgages have their own guidelines on how to handle a flood insurance lapse. … (1 comments)
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Roger Portaro
Pembroke Pines,
FL
More about me…
RSVP Homes Realty
Address: 6600 Pembroke Rd, Pembroke Pines, FL, 33023
Office Phone: (954) 989-4909
Cell Phone: (954) 275-3100
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