Flood Insurance Now Available

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Flood Insurance Now Available!!!

Proof Obama reads my blog. (Sorry Mr. Presidient about that crack about you bankrupting the country, and the one about being Pelosi’s lap dog, and the one about those pointy ears and….)

Yes after exposing Hoboken to the cold harsh reality only yesterday, you can now get flood insurance again…until September. If your condo association is under funded ($250k per unit) have them get it while it’s available.

And more good news for the roughly 180,000 Americans who were up the creek without a paddle when they couldn’t close by June 30th….You’ve been extended too. …see below…

Homebuyer Tax Credit Closing Deadline Extended

Congress has passed an extension of the closing deadline for the Homebuyer Tax Credit, the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in place as of April 30, 2010, that have not yet closed. The legislation is designed to create a seamless extension; the new closing deadline for eligible transactions is now September 30, 2010. There will be no gap between June 30 and the date the President signs the bill into law.

The National Association of Realtors worked closely with Congressional leaders on both sides of the aisle to enact this important legislation. Extending the tax credit closing deadline will help provide additional stability to real estate markets across the nation.

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