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Market Conditions in Gulf Shores : Real Estate Advice

  • All116
  • Local Info2
  • Home Buying32
  • Home Selling9
  • Market Conditions11

Activity 13
Sun Nov 9, 2014
Tami Roberts answered:
All the insurance on the buildng is included in the condo association dues of $250 per month. The dues include fire, liability, wind & hail (hurricane), flood insurance, common area maintenance, common area taxes, basic cable tv, pest control and deeded beach access. Optional you may choose to purchase content, loss of use, extra liability insurance. Let me know if you have other questions, I would be happy to help you. ... more
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Sun Nov 9, 2014
Tami Roberts answered:
The beach is just at the end of the block from this home; I would guess about 500 to 700 yards. You could easily just grab your beach towel, chair, cooler, book...jump on your golf cart and be on the beach in just a minute or so. I would be happy to send you a video of drive through of the neighborhood and the gorgeous views of the Gulf of Mexico. :-) ... more
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Sun May 18, 2014
Tyson Barnhart answered:
Hi Tonnie,
A home owners association fee or HOA, is a fee that is collected on a monthly basis for the community in which the home or condo is located. Fees can very quite a bit from a complex or subdivision and even the size of home can make a difference in how much you pay compared to your neighbor. HOA's fees are typically collected by a management company and they use the money to maintain the community areas of the property. For example... gardener, pool service, handyman, etc.
Hope that helps.
... more
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Fri May 16, 2014
Tonniepritchard asked:
This question was asked from
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Thu Feb 20, 2014
Mary McNair answered:
Since this property has already sold, can I help you something else? I can research the MLS database to confirm what's actually available for active consideration and e-mail to you for your review. I can also save the search criteria specific to you for automatic notifications when properties are new or back on the market, or have a price change. Please contact me via my profile and we'll get started. ... more
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Sun Jul 7, 2013
Kristy Bushaw-Luxury /Investment Spec. answered:
Yes you can get insurance. The insurance pros call it HO6 it's typically 500/yr because when you own a condo you own from stud to stud and a percentage of the common areas your association fees cover the exterior the deductible depends on the policy you select. However there was condo legislation that requires the association to have insurance to build the building back to when it was built. That means if it was originally built with linoleum and you put tile. Your insurance will cover the tile upgrade. Your insurance is contents and liability insurance.

The condo association budget is typically reviewed my the homeowners annually and at that time if there are expenses that are not budgeted they will vote to either increase dues or assess owners.
... more
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Thu Jan 24, 2013
tzumps answered:
I've done it for 6 years now. Had a condo across Beach Blvd at Lani Kai. We put 5% down ( much different times back then), and between the rental income & tax advantages, it almost paid for itself, with us using it 4-5 times a year ourselves. Sold it & bought on the beach at Edgewater West, put 25% down, & it more than has paid for itself. ... more
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Sat Jan 19, 2013
Sandra Walker Payne answered:
The Assoication dues for La Palms is $275 month. FEE INCLUDES: Association Management, Basic Cable, Common Area Insurance, Pest Control, Reserve Funds, Taxes-Common Area, Water/Sewer.
Let me know if you have other questions about this condo or any other vacation properties.

Thank you,
Sandra Walker
Associate Broker
Realty 1st
Your Key to the Coast!
... more
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Sun Oct 9, 2011
If you are purchasing a condo, then the exterior insurance policy will be handled by the community's HOA. You will pay for the annual insurance premiuim as part fo your monthly HOA dues. Most HOA's insurance policies only cover the exterior of the building. Both Fannie Mae and FHA now require an HO-6 policy that covers the interior of each unit if the master HOA does not cover it. The HO-6 policy is the home owner's responsibility and its also known as a "walls in" policy.

You would have to contact an insurance company to give you an accurate quote for what you need. Sicne you are on the water, the there are more variables that only an insurance agent can assit you with.

Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at
Licensed in Alabama & Georgia

Conventional | FHA | FHA 203K Renovation (Streamline & Consultant) | HomePath® |
HomePath® Renovation | VA | USDA | GA Dream | Jumbo Financing
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Sat Aug 22, 2009
Dottie Studt answered:
If you are not working with an agent; I would be happy to work with you.
Dottie Studt, Broker
Dottie Studt Realty
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Thu Jul 9, 2009
Karen Harrison answered:
Are you wanting this information for Gulf Front Condos, Homes, etc. Narrow this down a bit and I will be happy to try and get the information you are looking for.
Karen Harrison
Remax of Orange Beach
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Sun Feb 15, 2009
Richard answered:
The University of South Alabama MITCHELL college of Business Center for Real Estate Studies have
the data your looking for. It breaks it down to property values and % by zones including Bon Secour but
you will need to use 2006 to 2007 not 2008. The web site is
... more
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Sun Jan 11, 2009
Larry asked:
Oct 2008? Would like to determine the % of decline during the 2008 tax year.
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Market Conditions in Gulf Shores Zip Codes