The National Flood Insurance Program Extended Through September

Louisiana REALTORS • June 4, 2019

NFIP EXTENDED TROUGH SEPTEMBER 2019

The National Flood Insurance Program (NFIP) has been extended through September .  On Monday, two days into the start of hurricane season, Congress passed the bill that stopped the program from expiring. This is the twelfth time in 2 years the program has been extended.

It’s no secret the program needs serious work - but with the extension through September, does that give Congress enough time to make the changes needed to make the program successful? Only time will tell.

A huge thank you to those closely involved in bringing about these recent extensions as well as the ongoing hard work to bring about change to the program.

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NAR is pleased to share the latest consumer guide offering homeowners factors to consider when deciding whether to sell their home. The guide includes seven discussion points to help potential sellers think through the decision with the help of a real estate professional who’s a REALTOR®. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow up to two weeks 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: Thinking of Selling? 7 Factors to Consider How to Make Your Home More Energy Efficient Can’t Pay Your Mortgage? You Have Options 8 Tips for Selling Your Home in Winter Hiring a Remodeling Contractor Real Estate Contract Contingencies 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 home buying 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 will look at factors to consider when deciding whether to purchase real estate as an investment.
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