Congress passed the Homeowner Flood Insurance Affordability Act of 2013 earlier this month. All that remained was for President Obama to sign the bill into law and he did just that on March 24th. What does all this mean for buyers and sellers of waterfront property in Tampa Bay? The legislation bill will prohibit the […]
How to Find Out Which Homes Are in Flood Zones-Tampa, Florida Flood Insurance Update
Flood Zones Tampa Florida residents be aware. Your flood insurance premiums are about to rise dramatically on Oct. 1, in some areas as high as $12,000 a year. The change is a consequence of the Flood Insurance Reform Act of 2012 going into effect this fall. The act is designed to replenish $20 billion the […]
National Flood Insurance & Tax Credit Extension Approved!
FROM: NAR Government Affairs RE: Tax Credit Closing Date Extension/Flood Insurance Extension DATE: 30 June 2010 After a close brush with the deadline, Congress has passed an extension of the Homebuyer Tax Credit closing deadline, the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in place […]
Prepared for Florida’s Hurricane Season? Warnings for Homeowners
When is Hurricane Season? Florida’s Hurricane Season starts June 1, and ends November 30th. Some scientists are predicting an above-average year with 15 named storms and eight hurricanes Did you know you can receive vital updates when a hurricane is threatening the City of Tampa?. When you subscribe for emergency notifications, you’ll also have […]