$16 Million for Florida Real Estate Professionals
Under pressure from state Realtor associations, BP Oil Spill Fund claims administrator Kenneth Feinberg has agreed to make monies available to specifically pay real estate professionals for loss of income or sales due to the Gulf oil spill. In Florida alone, Realtor organizations were able to get an agreement for $16 million from the negotiation process.
As with everything involving a claims process there are extensive eligibility and documentation requirements and of course a maximum amount payable per claimant. For those agents who feel they have a legitimate claim, a website has been set up by NCA, a claims administration firm contracted by the Florida Association of Realtors, giving information on the process you will need to follow. You can also visit one of five offices opened in the Gulf coast region or call 888-498-6944 for more detailed information or assistance.
I know we have some agents in the Gulf coast area here at REW and it will be interesting to see how this works out for them. If you have been affected and filed a claim, let us know about your experiences with the process.
We wish you all the best with it.
Gulf Coast Associates, Realtors
Specializing in upscale Florida Real Estate for Sale
Bonita Springs Real Estate | Naples Real Estate
888-617-3674
Gulf Coast Associates
GCA is a privately held realty firm specializing in SW Florida Real Estate. Benjamin Dona is the Broker-Owner and along with his wife and part... Read More
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There are currently 2 Responses to this blog entry.
SVRPaul
When can I make a claim for the President telling people not to visit Las Vegas?
Gulf Coast Associates
I guess all you can do is get in line with all the rest of the disgruntled folks looking to get their Obamamoney.