Florida you are in trouble
- Thread starter easy_b
- Start date
I’m waiting to buy as many properties as possible whenever the bottom is near…save your money black peoples
An insurance
I missed out those low apr mortgages during covid,not this time around though
will buy up at bottom
Ok but what’s gonna cost you more? Hoa fees or not being insured when ya house get flooded out or destroyed by a hurrican
My HOA is 600 a year in Jacksonville, a very nice middle class community
Remember these crisis fearmonger want you to sell your property so they can buy it up
don’t believe everything you hear
Remember these crisis fearmonger want you to sell your property so they can buy it up
don’t believe everything you hear
THIS!
As tempting it may be to move back, especially depending on what the bottom is, the state has gone so far right I don't know if I could ever move back.
Maybe a second/vacation home but those insurance rates are killer.
I want to see what the bottom is, we bought our first FL home in 2009 for $52,000. Let's see how low they can go.
Maybe a second/vacation home but those insurance rates are killer.
I want to see what the bottom is, we bought our first FL home in 2009 for $52,000. Let's see how low they can go.
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I learned my lesson in 06/08. The sky was falling, and I was broke. Homes that were in the hood sold for $40-75k. Couldn’t do nothing. Last year, those same homes were selling for $250-$350k.I missed out those low apr mortgages during covid,not this time around though
Time to prepare for the rinse and repeat
Yep, I think long term we are fucked and our kids wont see these low interests rates.
Research if you are, don’t leave it to god please
Every part of Florida is a flood zone
This is very important when purchase a home always look at the flood map in the area
For those pain or concern with high insurance rates
I would try this it doesn’t cost you a dollar to do
Call your insurer and tell them that you want a copy of your declaration page
This is basically telling the insurance company that you’re shopping for and have found a new insurance company, like all companies they may offer a discount to try to keep you
I would try this it doesn’t cost you a dollar to do
Call your insurer and tell them that you want a copy of your declaration page
This is basically telling the insurance company that you’re shopping for and have found a new insurance company, like all companies they may offer a discount to try to keep you
That's what I'm facing looking at condos in Westchester NY. One spot was around $300K for a 1 bedroom, but the HOA was over a grand a month. The most reasonable that I found was around $600/month. Crazy
Many parts of Orlando were flooded when the last hurricane hit.
Some folks didn't have flood insurance.
Send as a reminder flood insurance is a separate policy from your homeowners insurance
Hurricane Ian
No disrespect,but Jacksonville is a not a top destination
I was going to say the same thing about Jacksonville but didn't want to insult him