No Flood Insurance Yet Again
Our trusted lawmakers have done it again. As a matter of fact, this is the third time they've done it to us in recent months. The National Flood Insurance Program (NFIP) was allowed to once again expire. This happened on May 31st and has not yet been renewed. While lawmakers agree that it should be extended, they seem to be having a hard time agreeing on how this should happen.
At this time we are all left holding the bag, our breath, and carefully watching the Gulf of Mexico. As much as it rains in Southest Texas (Katy and Houston get more rain in a day than some areas get all summer) it is never a good time to have flood insurance lapse, but the timing of this lapse could not be worse. Experts are predicting a record breaking hurricane season and it is not uncommon for us to see a tropical system roll through the area in June.
If you are upset about this matter please contact your representatives and let them know you want this matter resolved. The National Association of REALTORS® is staying on top of this issue, and we'll keep you informed on any changes. In the meantime...try to stay dry!
Stacy is a licensed REALTOR® and the team leader of The Jones Team, a group of REALTORS® in Katy, who work together to provide exceptional service for their clients. Stacy and his team specialize in the areas west of downtown Houston. These incredible real estate agents can help you buy or sell a home in locations such as Katy, Cypress, far West and Northwest Houston, Richmond, Fulshear, Sugar Land, Spring Branch, Memorial, Spring, Tomball, The Woodlands, and Magnolia. Whether you are in the market to sell a home, buy a home, have a question about home appraisal value, need advice about home staging ,or have any other real estate related questions, Stacy and The Jones Team are available to help.
All information in this site is deemed reliable but is not guaranteed and is subject to change.
The information herein is furnished by the owner to the best of his knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for correctness thereof. The offering is made subject to errors, omissions, change of price, prior sale or withdrawal without notice. In accordance with the law, this property is offered without regard to race, creed, national origin, disability or gender.