I know there are many people out there that feel that the do not need to have the expertise of a Realtor® to buy or sell a home. I have to say, I strongly disagree, there isno single trade organization that advocates for the consumer more than the National Association of Reatlors®. I have worn my Realtor® pin for the last nine years and will continue to proudly due so. We are the only organization that truly fights for what is right for the homeowner and the consumer. Hence, I am happy to announce that due to the overwhelming response by agents like myself and others who truly love what they do the National Flood Insurance has been extended. Please see the article below shared from the National Association of Realtors®.
Congress Reauthorizes Flood Insurance for 5 Years
On June 29, 2012, the Senate and House passed the Flood Insurance Reform Act as a part of H.R. 4348, the Surface Transportation Conference Report. The President will sign the measure within a few days. This is the culmination of a successful multi-year REALTOR campaign and a final push at NAR’s Midyear Legislative Meetings & Trade Expo in May 2012.
It would not have been possible without the leadership of Reps. Biggert, Waters, Bachus and Frank, as well as Sens. Johnson, Shelby, Tester and Vitter.
Since 2008, Congress had been extending the National Flood Insurance Program a few months at a time. Twice this led to shutdowns, including one that stalled more than 40,000 home sales in June 2010 alone. Passage of this 5-year re-authorization will bring certainty to real estate transactions in more than 21,000 communities nationwide where flood insurance is required for a mortgage.
The bill ensures the program will continue long-term for more than 5.6 million business- and homeowners who rely on it, achieves one of NAR’s top priorities for the year, and means taxpayers will spend less on federal assistance for flood disasters over the long run. NAR will continue to monitor the legislation as it is implemented.
I am so proud to be a part of such and important profession where truly our voices are heard at a local, state and obviously a national level. Way to go…..