The water is receding...now what?

By
Real Estate Agent with The Brown Group Realty

The last few weeks have seen the State of Rhode Island and much of southeastern Connecticut devastated by flooding.  The damage to infrastructure, businesses, and homes has been unprecendented.

Here is some helpful information for Southern RI business owners:

The RI Dept of Labor & Training and the RI-EDC will present emergency response sessions to provide information on Disaster Unemployment Insurance Procedures and options for financial assistance for impacted business owners.

Monday, April 5, 2010 from 9 AM to 12 PM

Beechwood Community Center,10 Beech Street, North Kingstown, RI 02852

To reserve your seat, call the NK Chamber 401-295-5566 or RIDLT at 401-462-8724.

Monday, April 5, 2010 from 2 PM - 4 PM

Westerly Chamber of Commerce, 1 Chamber Way, Westerly, RI 02891-2670

To reserve your seat, call the NK Chamber 401-295-5566 or RIDLT at 401-462-8724.

For real estate practitioners and FHA buyers:

FHA has ordered all properties that are being considered for FHA financing to be re-inspected by appraisers if the appraisal was done before the flooding.  They want to make sure that the property suffered no flooding or water damage and is substantially in the same condition.

For real estate practitioners and buyers of property in flood zones:

When Congress adjourned for Easter break, they failed to renew the National Flood Insurance Program so check with your insurance provider to be sure that you have flood insurance in place...or plan to close after Congress is back in session and has dealt with this oversight.

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Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

That's great info, Wendy .  I was hoping to see some pictures, though......

Apr 03, 2010 08:20 AM #1
Rainer
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Bill Travis
Captain Bill Realty, LLC - Gilbert, AZ
Broker/Owner

Sorry to hear about all of the flooding up in your part of the country

Apr 03, 2010 08:45 AM #3
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Wendy Brown
The Brown Group Realty - Westerly, RI

Dagny - There are great pictures and video on YouTube...search Pawcatuck River flooding or any other place in RI.  Pretty amazing!

Bill - Thanks

Apr 03, 2010 09:14 AM #4
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Rainer
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Wendy Brown

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