Is it that they let it lapse, or that they are simply uninsurable? Even if insurance is possible it may be beyond the means of many. Just not sure how many people actually made a decision vs were forced into it.
Is it that they let it lapse, or that they are simply uninsurable? Even if insurance is possible it may be beyond the means of many. Just not sure how many people actually made a decision vs were forced into it.
I mean thatтАЩs fair to new buyers, but I suspect there are folks who had insurance but no longer are able to obtain / afford it. ItтАЩs all fine and good to say well they should sell and move but that may not always be realistic.
All property can be insured; like I said, I would prefer not to debate the issue(it could literally go on for days); all property in Florida can be sold at a good return on investment(the market currently is actually good; I'm talking residential, I know nothing of commercial); the current market value of residential property here has never been better(not sure how much longer this will last because a hurricane just came through); please let's not debate this, I have owned property less than 1 mile from the Atlantic coast for over 30 years; folks need to have insurance or change their situation
Is it that they let it lapse, or that they are simply uninsurable? Even if insurance is possible it may be beyond the means of many. Just not sure how many people actually made a decision vs were forced into it.
Without getting into a debate; all I am saying is that anyone owning property in Florida needs insurance or should frankly not own
I mean thatтАЩs fair to new buyers, but I suspect there are folks who had insurance but no longer are able to obtain / afford it. ItтАЩs all fine and good to say well they should sell and move but that may not always be realistic.
Yeah, hard to get a fair price for an uninsurable property. Be hard for a buyer to get a mortgage.
All property can be insured; like I said, I would prefer not to debate the issue(it could literally go on for days); all property in Florida can be sold at a good return on investment(the market currently is actually good; I'm talking residential, I know nothing of commercial); the current market value of residential property here has never been better(not sure how much longer this will last because a hurricane just came through); please let's not debate this, I have owned property less than 1 mile from the Atlantic coast for over 30 years; folks need to have insurance or change their situation