National Flood Insurers Association


Definition of "National flood insurers association"

Pool of private insurers that provide initial flood insurance in cooperation with the U.S. Department of Housing and Urban Development (HUD). In 1978, the association was superseded by the national flood insurance program administered by HUD.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Promissory Note

Formal, written, unconditional promise to pay on demand or at a future date a definite sum of money. ...

Density Zoning

Placing limitations on property development by controlling the number of structures in a given area ...

Constructive Market Value

Estimated market price property could bring using currently accepted appraisal methods. This might ...

Life Insurance In Force

Aggregate of face amount of coverage paid up, or on which premiums are still being paid, as issued b ...

Re-equitization

Deleveraging of the insurance company's balance sheet. ...

Spreadsheet

Risk management tool to determine risk exposure and to help spread the risk. A risk manager consider ...

Related Real Estate FAQ

How Much Can I Afford ?

Find out what type of home is in your budget by entering a few numbers into our calculator. Our calc ...

What Is A Foreclosure?

A foreclosure is the legal process by which a mortgage property is seized due to default and then so ...

What Is A Lien?

A lien is a claim against a property. ...

What Is An Appreciation?

Changes in the market conditions, or improvements to the property that increase the value of the pro ...

What Are Jumbo Mortgages?

Jumbo mortgages are mortgages larger than the limits set by Fannie Mae and Freddie Mac. A jumbo mort ...

What Is Underwriting?

Underwriting is the process of evaluating a loan to determine whether the loan is a good risk. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Is it better to buy or sell a home first Foreclosure - The Pros and Cons of Buying Mortgage Loan Types How is Square Footage Determined? Short Sale Homes

FAQ

What is a loan-to-value (LTD) ratio? What is an index? What is a point? I looked at a property yesterday with a REALTOR® who seems to be clueless. I am really interested in purchasing the property, though. Can I switch agents and still make the purchase? What is earnest money?