Good News for waterfront home buyers!
National Flood Insurance Extended through 2011. NAR is pleased to report that Congress has unanimously approved a one year extension, until September 30, 2011 for the National Flood Insurance Program (NFIP). A long-term extension has been a top legislative priority for NAR. Earlier in 2010 the NFIP lapsed, causing major disruptions for REALTORS®, and with the September 30, 2010 deadline fast approaching NAR redoubled its efforts to extend the program. REALTOR® advocacy efforts helped make the long-term extension a reality.