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550 South Dixie Highway
Coral Gables, FL 33146
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Soon after The Biggert-Waters Flood Insurance coverage Reform Act passed, I wrote an post about rising flood insurance premiums. This greatly affected buyers and sellers by creating it challenging to buy and/or sell in higher-risk locations due to the unaffordable expense of insurance. Thankfully Congress authorized a new bill to alleviate some of the fiscal stress that was suddenly positioned on the properties in large-risk flood insurance zones, many of which are in our neighborhood! The Homeowner Flood Insurance coverage Affordability Act passed in March, capping yearly insurance premium increases underneath the Nationwide Flood Insurance Program at 18% per residence yearly. It also makes it possible for people acquiring houses covered beneath the federal flood insurance coverage program to pay the subsidized premium fee at very first, rather than the increased price. Whilst this doesn’t tackle the larger situation at hand, it does calm the waters for now!
My focused dedication as a realtor in my house town of Miami for above twenty many years, consistently puts me at the top of my area. Whether you are seeking to get or sell your home, allow me help you from start off to finish with my results-verified: specialist advertising, exceptional home exposure and complete encounter.
As the #3 Realtor firm-broad at EWM in 2012 with in excess of $ fifty 5 Million in income, my emphasis is on Coral Gables,Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Contact me right now and let’s get started!