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Home Trouble - Government Shutdown halts closing - No new, renewed, or modified FEMA Flood Insurance
Just when you thought the 2025 Government Shutdown wasn't having much impact on the real estate market.... Did you know that most Flood Insurance policies are backed by FEMA and the NFIP National Flood Insurance Program? https://www.fema.gov/flood-insurance/rules-legislation/congressional-reauthorization NFIP policies are no longer being issued or renewed, leading to major problems and significantly higher private for profit flood insurance being the sole option. ------- Want to experience The Way Real Estate Should Be™? Book a chat at the time that works best for you! https://ashlarre.com/book-a-chat Find a Home https://ashlarRE.com Want help selling a home? Get your Free Home Value Report today! https://ashlarRE.com/home-value/
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By Kyle Sasser
5
11 ratings
Just when you thought the 2025 Government Shutdown wasn't having much impact on the real estate market.... Did you know that most Flood Insurance policies are backed by FEMA and the NFIP National Flood Insurance Program? https://www.fema.gov/flood-insurance/rules-legislation/congressional-reauthorization NFIP policies are no longer being issued or renewed, leading to major problems and significantly higher private for profit flood insurance being the sole option. ------- Want to experience The Way Real Estate Should Be™? Book a chat at the time that works best for you! https://ashlarre.com/book-a-chat Find a Home https://ashlarRE.com Want help selling a home? Get your Free Home Value Report today! https://ashlarRE.com/home-value/