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If you have Florida Customers with Citizen's Homeowner's Insurance! - 12/04/08 07:44 PM
At my office meeting 2 days ago at Coldwell Banker in Pinecrest, the most astonishing news was made perfectly clear. Effective January 1, 2009, new homeowners seeking insurance for homes with a replacement cost value at $750,000 or more, located in the "wind-borne debris region," will be required to have all openings outfitted with shutters or opening protections to be eligible for coverage from Citizens. Also, if you want to renew with current wind storm policy with Citizens, you will also be required to meet these requirements by your policy renewal date, or no later than June 30, 2009. So, if you don't have shutters on your home and
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Short Sales & Appraisers - 12/03/08 11:43 AM
The Realtor Association of Greater Miami & The Beaches has posed this question to its members and Realtors are voting on it: Do you think the county appraisers should consider SHORT SALES when determining a property's value? My answer posted on the Board's site is: If you're talking about a closed short sale being used as a comparable, then absolutely, my answer is an appraiser should use it. But many appraisers use Active listings to help them determine value when there are not enough sales in an area. Then my answer is absolutely no, because an active short sale
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Lynn Cromer
Miami,
FL
More about me
ReMax Advance Realty
Address: 7222 Red Road, South Miami, Fl, 33143
Cell Phone: (305) 962-4068
Email Me
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