waterfront: NATIONAL FLOOD INSURANCE UPDATE IMPORTANT FOR ST MARY'S MARYLAND - 09/25/10 02:30 AM
NATIONAL FLOOD INSURANCE UPDATE IMPORTANT FOR ST MARY'S MARYLAND
This is a follow up to my previous article concerning the NATIONAL FLOOD INSURANCE PROGRAM.
Congress has approved a one-year extension to the NFIP, NATIONAL FLOOD INSURANCE PROGRAM, until September 30, 2011. 
The National Association of Realtors®, NAR, has been fighting to get a long term extension for the NFIP.  When the program lapses it causes considerable problems to our Buyers who need to purchase flood insurance as a requirement before closing.  A lapse occurred earlier this year, resulting in delayed settlements. 
St Mary's, MD has many properties that require flood isurance.   
The one year … (0 comments)