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Call for Action: National Flood Insurance Program (NFIP)
LOUISIANA REALTORS • June 20, 2018
The National Association of REALTORS (NAR) and Louisiana REALTORS is supporting a national Call For Action
(CFA) beginning June 18th and targeting the United States Senate and House of Representatives to reauthorize the National Flood Insurance Program (NFIP).
If Congress fails to take action to reauthorize the NFIP, it will expire by July 31, 2018 and cause issues in the market with transactions. REALTORS are the front line advocates for homeowners and need to respond and get the message out on the Hill.
David McKey is a broker/owner of Coldwell Banker One in Baton Rouge, LA. McKey has served on the NAR Insurance Committee and has worked hard on the National Flood Insurance Program (NFIP). This video discusses the importance of responding to the Call for Action and why the reauthorization of the NFIP is so important to homeowners and to the economy.
As previewed last week, NAR is pleased to share the latest consumer guide focused on homeowners associations (HOAs). This guide covers the basics of what prospective buyers need to know, including who runs HOAs, how monthly fees are applied, rules HOAs enforce, and the pros and cons of living in an HOA community. For additional information, we encourage you to check out this REALTOR® Magazine article on the nuances of how homeowners associations can affect real estate transactions. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Homeowners Associations Marketing Your Home Seller Disclosures Property Taxes Preparing for Homeownership Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover navigating multiple offers.
Discover how REALTORS® play a key role in legislative advocacy, ensuring that real estate rules and regulations protect brokers, clients, and the market. Learn about the benefits and opportunities they provide.
As previewed last week, NAR is pleased to share the latest consumer guide focused on marketing a home. This guide covers several methods for sellers to consider, including setting up showings, hosting open houses, and maximizing the visual appeal of a home through staging and/or cosmetic updates. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Marketing Your Home Seller Disclosures Property Taxes Preparing for Homeownership Escrow and Earnest Money Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover homeowners associations.
821 Main StreetBaton Rouge, LA 70802
821 Main Street
Baton Rouge, LA 70802