If you want to buy a Water Oriented home in Charles, Calvert or St Mary's Counties FLOOD INSURANCE IS NEEDED TO PROTECT YOUR WATERFRONT HOME IN these SOUTHERN MARYLAND Counties.
It was good to see that on July 12, 2011, the National Flood Insurance Program, NFIP, was reauthorized, for five years, by the House of Representatives. Not approved by Senate yet but extension until November 18, 2011. Now congress has authorized an extension through May 31, 2012.
This is really important for Southern Maryland. Charles, Calvert and St Mary's Counties are boardered in part by the Chesapeake Bay, creeks and rivers including the Potomac and Patuxent Rivers. Many houses are on Waterfront or in Water Access communities.
FLOOD INSURANCE is a need for many homes with waterfront or in Flood Zones. Without FLOOD INSURANCE these homes would not be protected. FLOOD INSURANCE is a requirement from Lenders, in order for these Waterfront homes to be approved for loans.
Its good to know that the National Flood Insurance Program will be in place for at least five years, if the Senate agrees. The NFIP helps provide a means for property owners, and Lenders, to financially protect themselves. Communities have to participate in the National Flood Insurance Program, meeting requirements set by FEMA, which include reducing the risk of flooding.
FLOOD INSURANCE IS NEEDED TO PROTECT WATERFRONT HOMES IN SOUTHERN MARYLAND.
I am Margaret C. Taylor REALTOR® sharing information and events in St Mary's MD.
I am qualified to help YOU buy or sell your home. YOU need a Buyer's Agent to represent YOU.
ASK A QUESTION HERE RealEstate@MargaretC.com
CALL or TEXT 301 481 8407 for a FREE Consultation
I am a Century 21 New Millennium Real Estate Agent. Ask for MARGARET C.
I welcome your REFERRALS.
This blog is for informational purposes only and is not intended as legal or tax advice. An Attorney, CPA or other specialist should be consulted for specific needs.