The Biggert-Waters Flood Insurance Reform Act of 2012 goes into effect Jan, 2014.

@Dion DePaoliI stand corrected.Though I would probably designate that as a "complex" - though not offshore - structure which may not be cost-effective in this scenario ... but I could just as likely be incorrect here.

Effectively the landlord is subsidizing your living choices.

What was rather ignored was the fact that a deed is effective when it is made, not when it is filed, so technically, that could cause the agreement null and void, as the buyer agreed to buy and at the same time, deeded the interest back, but the deed was basically kept in the drawer, held by an escrow agent and often held by the seller!

Are there any NEW cost efficient and effective means of finding motivated sellers?

That being said, I think there are a few areas where this concept would be effective.

Before closing I would have the seller write a letter to the insurance company telling them to change the name of the insured to the trustee of the trust effective on the day you plan to close. 

Selling the stock, would take 25% of our stock portfolio.17% of our net worth would be tied up in the condoIf property sat empty for a couple years.. hmm, I would not be a happy camper because I would be eating carrying costs, but it would not effect my day to day life.The real estate market in this area is slowly coming back.

Keep in mind that assessors normally only value real estate on one effective date each year and have to carry out other program objectives in addition to the collection of sales data.

BUT you have to pay to join their group.Is it worth joining this group or is there another group more cost-effective in New Jersey that I can join?