Nevada Real Estate >> Las Vegas Real Estate Specialist: Florida: Coral Gables

The House passes the Flood Insurance Extension !!!

 

STOP :  Listen clearly... this has only been approved by the House.  The Senate still needs to approve this.

 

house passes the flood insurance extension

The House has passed another temporary extension for Flood Insurance. Let me repeat, (because of the misleading posts about the Tax Credit from last week ) a temporary extension has been approved by the House, good through September 30th, 2010.  The Senate still needs to vote on this extension.

The program has been suspended since May 31st, 2010. Many of us in the real estate world know how important this is.  But why is the government having such a hard time coming together on this, or at least adding the appropriate provisions in order for this to work. This issue has stopped 1,000's of closings from taking place lately and or putting many in jeopardy that live in flood areas with the hurricane season fast approaching. Not only do we need the Senate to vote on the Flood Insurance extension, but we need some sort of bill in place for a longer period, such as 5 years or so. What se thee?

You can read about it here : House passes the flood insurance extension.

 

 

 

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Copyright © 2010 by Jeff Belonger of Infinity Home Mortgage Company, Inc

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follow Jeff Belonger on Twitter

 

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                                                                            FOLLOW ME ON FACEBOOK

 

 

- FHA Loans - USDA Loans - VA Loans -

- Energy Efficient Mortgages - 

- Conventional Loans - 203 k loans -

- FHA Home Loans - Mortgages -

 

Experience & Knowledge at its BEST !!!

 

 

Follow me on:

Mortgage Myth Busters

 

______________________________________________________________________________________________________________

For more information on FHA loans, please go to this link. The FHA Expert

For important mortgage insight to watch for, please read : Consumers need to be aware of these Red Flags!

HUD

 

For information about FHA myths & FHA rumors, please read : FHA Myths & Rumors

 

Copyright © 2011 by Jeff Belonger of Infinity Home Mortgage Company, Inc

Comment balloon 8 commentsJeff Belonger • June 23 2010 05:12PM
The House passes the Flood Insurance Extension!!
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STOP : Listen clearly… this has only been approved by the House. The Senate still needs to approve this. The House has passed another temporary extension for Flood Insurance Let me repeat, (because of the… more