Tuesday, June 1, 2010

Flood Insurance Challenges

For those of you buying homes in the flood zone for the next several weeks, there may be some challenges.

Congress has not extended the National Flood Insurance Program that allows new policies for flood insurance to be issued. This could be a large challenge with lenders on waterfront property.

Contact your politicians to identify this as challenge for home values and our coastal way of life. A lapse in the program doesn't help instill the ststability that we need.

Thanks,


Steve Armstrong, Realtor GRI Certifying Agent, Florida Green Builders Coalition Smith & Associates Real Estate http://www.UniqueTampaHomes.com

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