NFIP Avoids Lapse - Program Extended through Nov. 21st
Flooding is the most common and costly natural disaster in the U.S., causing more than 1 trillion dollars in damage to crops and property from 2000 to 2018, and that number keeps rising.
The National Flood Insurance Program avoided another potential lapse receiving its 13th short term extension since 2016. REALTORS® across the country continue to urge Congress to resume working toward a long-term reauthorization of the National Flood Insurance Program to prevent any future lapses of the program. NAR strongly supports the NFIP Reauthorization Act, which includes a 5-year extension along with significant reforms to improve mapping, enhance mitigation and remove obstacles to private flood insurance. H.R. 3167 strikes a delicate balance between NFIP sustainability and affordability.
As a real estate professional, flooding can also impact your business. Flooding is considered a material fact to a real estate transaction, and failure to disclosure flood damage can result in liability. In addition, it’s important to counsel buyers about the need and availability of flood insurance.
Learn more about what you need to know about flood disclosures as a real estate professional...
Northern Kentucky REALTORS® Young Professionals Network FALL FEST RECAP!
We had 108 members join us at Kinman Farms Saturday, September 28th for Fall Fest benefiting
The NKY Go Pantry!
Together we raised $545.17 and collected…
208 fruit cups
106 granola bars
48 bags of goldfish
28 cans of ravioli
12 Jello/pudding cups
& a $100 Kroger Gift card!
THANK YOU FOR ALL YOUR GENEROUS DONATIONS & TO OUR SPONSORS!
360 American Title Services
Agility Closing & Title Services
Cardinal Financial
HomeInspect
Northwest Title
NRL Home Mortgage
Polaris Home Funding
Stewart Title Company
USA Mortgage
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