The advisory flood maps were released in dec. showing your new base flood elevation if you are in a flood zone. This is advisory and only enforced if town adapts to this new bfe. The required flood maps are coming out in 2014. If your house is not at the new elevation and you had substantial damage from this flood they could make you raise your house to get flood insurance.
Hope this helps. Contact me for more details. This is very complicated and took long to completely answer here
I believe you are confusing down payment with other fees. Get a breakdown of Closing costs, Prepaids, and downpayment. With these your answer will become evident without them any answer is a wild guess.... more
In Walton County, the millage is around 9.7030. The assessed value of a property is generally around 75% of the price you paid for the property. So you would take 75% of the 230K and then multiply that times 9.7030 to estimate what your taxes would. be. So 230X.75=172.5 x 9.7030 or about 1673/year. You can figure this out for almost anywhere--go to tax records and find out what the millage is for the area you are interested in and you can figure pretty closely what your taxes will be.
If the damage is VISIBLE no special disclosure needs to be made. If asked of cause, if the agent or the owner have DIRECT knowledge of it, they must answer truthfully! The law requires that they do so.... more
The rental market was affected in a positive way in that displaced homeowners needed to rent until their homes could be repaired or rebuilt. There was a slight pause everywhere as the entire north east got the electricity turned back on and so forth but after that it was pretty much business as usual.... more
The best agent with State Farm in that neighborhood is Chris Woodlee at 615-591-1400.
You should also speak with Ryan White at Raymond Preston & Reed at 615-866-2728.
Please let me know if I can be of additional help. Ron Jones 615-823-2039... more
Fairfield Court in Fairfield, NJ is not as bad as Fox Hill. This area is considered moderate to low risk for flood insurance purposes so your premiums will be half of that at Fox Hill. Hope this information helps. Good luck with your search and let me know if I can be of any further assistance.... more
Fox HIll Road in Fairfield, NJ is considered a high risk flood area for flood insurance purposes. Hope this information helps. Good luck with your search and let me know if I can be of any further assistance.... more
The flood map for the city of Abilene was revised around January, 2012. There were several areas of town that were removed from the flood zone area & some areas of town that were moved INTO the flood zones. This area that you are wondering about is no longer in a flood zone. The odd thing about this area, the creek runs right behind lots of houses in this area & you would think they would require flood insurance because of that. The creek is deep enough in those areas that it contains the water & floods in areas farther north.
If you have questions about a specific house, I would be happy to do the research - as an Accredited Buyer's Representative, I provide my clients with lots of information about the houses they are interested in, so they can make a well informed decision.... more
There is a small airport - Morristown Airport - located in Florham Park. There have been limitation with the size of the planes and the time of traffic. For more information, the best bet is to call the airport directly. With regard to flooding, there are very few sections of town that require flood insurance but the Passaic River runs through part of Florham Park after it leaves Livingston and runs into Chatham. These areas are easily detected just by driving around the community. It's a great town and you're hearing it first hand :-)! Bev K.... more
In Monmouth County is it not as bad, as say Ocean County but it is still bad in some areas; heck it is bad even in some parts of Middlesex County. It all depends on your location. You can easily see towns that have had severe flood damage, have no available rentals because all the previous homeowners currently occupying. Ocean County is even worse. I have many clients on the barrier islands and had to find them new/temporary housing and after extensive searching, many of them were placed 10, 20, or 30 miles from the bridge because everything closer is rented and not available. My heart goes out to the people that are still paying a mortgage and also paying to rent somewhere else because they are still fighting with the insurance companies.... more
"Hurricane" insurance is already included with your homeowner's policy in the form of wind damage. Flood insurance will likely be necessary though, so you might want to check the FEMA site for the most recent flood map.
Rates are determined by a variety of factors - age of the structure, age of the roof etc. There really is no "average" for homeowners insurance in Florida. It's a crazy industry in this state.... more