Call for Action: National Flood Insurance Program (NFIP)
LOUISIANA REALTORS • June 20, 2018
The National Association of REALTORS (NAR) and Louisiana REALTORS is supporting a national Call For Action
(CFA) beginning June 18th and targeting the United States Senate and House of Representatives to reauthorize the National Flood Insurance Program (NFIP).
If Congress fails to take action to reauthorize the NFIP, it will expire by July 31, 2018 and cause issues in the market with transactions. REALTORS are the front line advocates for homeowners and need to respond and get the message out on the Hill.
David McKey is a broker/owner of Coldwell Banker One in Baton Rouge, LA. McKey has served on the NAR Insurance Committee and has worked hard on the National Flood Insurance Program (NFIP). This video discusses the importance of responding to the Call for Action and why the reauthorization of the NFIP is so important to homeowners and to the economy.
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NAR is pleased to share the latest consumer guide focused on how the VA Home Loan offers a great path to homeownership for current and former military service members. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: What Is the VA Home Loan Guaranty? 10 Tips for Packing Smartly for a Move State and Local Tax (SALT) Deductions Buying a Historic Property Making Your Home More Energy Efficient Working with a Real Estate Attorney Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for the next consumer guide, which outlines requirements for private mortgage insurance and how it protects lenders and consumers.