Your buyers need flood insurance? Close before Sept. 30

Bobby and Lindsey
Published on August 5, 2017

Your buyers need flood insurance? Close before Sept. 30

It looks less likely Congress will finalize a flood-insurance bill before the program expires Sept. 30, and unless they OK a short-term extension, lenders won’t release mortgage money starting Oct. 1 if the property is located within a flood zone.

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