Lapses of the National Flood Insurance Program jeopardize home sales
The National Flood Insurance Program (NFIP) is essential to successfully completing approximately half a million home sales annually. Based on an analysis of National Association of REALTORS? data, 6 percent of REALTORS? experienced a delayed or cancelled home sale due to the lapse in the NFIP between May 31 and July 2 of 2010. Based on that data, NAR estimates that 1,332 home sales per day are interrupted during a lapse in the NFIP. Click here for more information on this study. Click here to take action and tell congress to reauthorize the NFIP today.
Source: Realor.org; 8/8/2011
Courtesy of:
Steve Sisman, Keller Williams Real Estate * 610.565.1995 x1303
1400-6035 N Providence Road, Media, PA 19063 * 610.565.2001 fax
steve@stevesisman.com * www.SteveSisman.com
My team and I specialize in selling good homes that didn't sell the 1st time.? Contact me for a Free, NO Obligation Brochure on "How To Get Your Home Sold".
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