Here we go again! Congress left town without reauthorizing the National Flood Insurance Program (NFIP). Until they extend NFIP, no new or renewal flood policies can be issued, this means thousands of residential and commercial transactions are on hold.
If you need guideance and more information about this situation you can to the National Flood Insurance Program to learn more about the hiatus.
Some of your most frequently asked questions and answers can also be found on the FEMA website so you can be more informed to get your scheduled closings done.
About the author: This blog is provided by Laurie Bailey-Gates, a Realtor with Virtual Homes Real Estate. Laurie can be reached via email at Laurie.baileygates@virtualhomes.com or by phone at 508-265-6722.
If you are thinking of buying or selling your home, contact me today! I will provide you with service, trust and the most advanced technology for today's market.
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