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Showing posts from January, 2007

New Florida Insurance proposals

Lawmakers wrangle more Citizens rate relief TALLAHASSEE – Jan. 22, 2007 – Lawmakers turned their attention to Citizens Property Insurance Corp. on Sunday, wringing some additional rate relief for customers in the state pool after reaching a broader agreement over the weekend to roll back private homeowners’ insurance rates. A House-Senate compromise bill goes to the full Legislature today, the last day of the special session tackling runaway rates. It then goes to Gov. Charlie Crist, who on Sunday expressed optimism but didn’t tip his hand as to whether he intended to sign or veto the bill. A breakthrough in negotiations late Saturday brought a deal indicating that Floridians can expect to pay roughly 25 percent less on their insurance bills beginning this summer, although the amount could vary widely depending on location and which company provides the coverage. A cross-section of sample companies that the state Office of Insurance Regulation tested with provisions of the new le

Things to consider in buying a waterfront vacation home

Things to consider when buying any waterfront vacation home. Is there a view? Views really do matter. An unobstructed Ocean view adds as much as 60% to the value of a home per the Journal of Real Estate Finance and Economics. Proximity to Golf courses or a park can add as much as 20% to a homes value. This is per an article by a much published author named Soren Anderson, a writer from Manchester College. Consider the recreational activities… The What and the When. For example in a Ski resort area, your options are limited due to weather considerations and the total amount of activities available is definitely less. *In the Keys and in most Florida Gulf or Atlantic communities, about the only thing you cannot do year round are mountain climbing and white water rafting. Nearby Medical and shopping options These are very important considerations. If there is an accident, how far away is a hospital? If you need groceries or restaurants, what is nearby? Oftentimes vacation properties can