Government Shutdown Affects Real Estate

The government shutdown does affect our real estate business here on St. George Island.   Conventional financing requires the processing of  an IRS Form 4506T, and this function is now suspended.  This also applies to FHA and VA loans.   The National Flood Insurance Program is not affected.  Here is a link to a full summary provided by the National Association of Realtors.

http://www.realtor.org/articles/government-shutdown-updates?om_rid=AAAZNv&om_mid=_BSTF9OB81fOn8t&om_ntype=INSWeekly

 

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