Congress extended flood insurance!!!

By
Mortgage and Lending with Florida Mortgage Solutions

Hello everyone,

    Congress extended the National Flood Insurance Program!! Wow, they did it ahead of time! Last time they let it expire for 4 weeks! What this means to you is that your broker doesn't have to worry about binding the flood insurance before September 30th.

 

Hope this helps!!!

Comments (3)

Vickie Nagy
Coldwell Banker Residential Real Estate - Palm Springs, CA
Vickie Jean the Palm Springs Condo Queen

It's great news that they extended it. But what I don't understand is why they do it for such short periods. As you say, it was only recently that it was extended.

Sep 25, 2010 04:39 AM
Sharon Lord
Maracay Homes - Peoria, AZ
New Home Advisor

Good news, Pablo, but home owners should not delay on getting flood insurance in place!  My old home in Nashville backed to Mill Creek - it was an entire loss in their "500 year flood" this summer....

Sharon Lord
Argent Decor
Phoenix Vacation Home Furnishing & Home Staging

Sep 25, 2010 04:39 AM
Pablo Samsing
Florida Mortgage Solutions - Weston, FL

I have no clue! It's ridiculous. They should do it AT LEAST yearly.

Sep 25, 2010 04:44 AM

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