Flood Insurance

Different types of insurance explained...

Flood insurance is a policy that protects the consumer from flooding or rising water and is backed by the federal government which makes it fairly affordable depending on where you live. If you live in an area that floods or is in the flood plain, then flood insurance may be required by your lender and insurance agent, and can be more expensive. If you do not live in a flood prone area but want to have the added security in the event your home floods unexpectedly then the $200-$300 premium is a good value. To determine if you are currently in a flood area or the home you are interested in is in the floodplain go to www.tsarp.org

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Have You Heard?

Congress has extended the $8000 tax credit program to homes contracted by April 30, 2010 that close before June 30, 2010.

A similar program has been extended for move up homebuyers that have lived in their home for 5 of the past 8 years to receive a tax credit of 10% of the sales price or a maximum of $6500.

View the Program Requirements.

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	Flood Insurance Different types of insurance explained... Flood insurance is a policy that protects the consumer from flooding or rising water and is backed by the federal government which makes it fairly affordable depending on where you live. If you live in an area that floods or is in the flood plain, then flood insurance may be required by your lender and insurance agent, and can be more expensive. If you do not live in a flood prone area but want to have the added security in the event your home floods unexpectedly then the $200-$300 premium is a good value. To determine if you are currently in a flood area or the home you are interested in is in the floodplain go to www.tsarp.org
Navigation Insurance Homeowners Mortgage Credit Life Flood Wind Policy Buyer Beware Sellers Disclosure Home Inspection Mortgage Lenders Consumer Home Inspection Have You Heard? Congress has extended the $8000 tax credit program to homes contracted by April 30, 2010 that close before June 30, 2010. A similar program has been extended for move up homebuyers that have lived in their home for 5 of the past 8 years to receive a tax credit of 10% of the sales price or a maximum of $6500. View the Program Requirements.
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