Some canceling contracts after seeing oil slick in Gulf
Several Realtors and brokers report home buyers are either shying away from buying homes on the beach or requiring a 60-day guarantee that oil wonâ€™t impact the beach before signing on the dotted line.
No traces of oil have washed up on Bay Countyâ€™s sugar-white sand. Still, some investors are canceling buys, especially of condominiums, Commander Century 21 Real Estate Realtor Charlie Commander said.
Prudential Shimmering Sands Realty Realtor Art Lester said people are concerned about buying property on the beach, and his company is seeing more beach homes being listed for sale.