Posts from September 27th, 2023

NEWS FLASH! Congress is arguing.

If the government does not pass stopgap spending measures by the end of this fiscal year on Saturday at midnight (9/30), beginning on Sunday, October 1, a government shutdown of "non-essential" services will begin. The United States has had 14 similar shutdowns since 1980 and the most recent was in 2018-2019, and it was the longest at 34 days. We have had 22 shutdowns in the last 50 years. At least we have survived these before, but there are some things us real estate warriors need to know:

1. FLOOD INSURANCE
   Regarding the National Flood Insurance Program, there are some SIGNIFICANT effects of a lapse in authority from Congress (aka "Government Shutdown") for NFIP issuance of flood policies, including renewals as detailed below (

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