Where did you hear about insurance issues?
I don't know where you heard about difficulties insuring homes that are 20+ years old. We bought our house, originally built in 2003, just over 4 years ago. No bond, recently renovated, in Sumter County. Zero issues on inspection, zero issues on insurance (we even have sinkhole insurance, which is hard to come by). Yes, we'll need to replace the roof at some point, though that's true no matter the age of the house. If what you said was true about houses more than 20 years old, everyone who lives above Rte 466 (and some below) would have insurance difficulties, which is simply NOT the case. What IS true is that several insurance companies have pulled out of the Florida market, so people have had to suddenly shop around for new insurance and can't necessarily get the exact same coverage, and since HO insurance prices have risen drastically throughout Florida, they've had to pay more, but again, that impacts all of us. And just like all of us, houses age, so that under-20-year-old-house you buy because of theoretical insurance issues will be 20 years old+ before you know it! Personally, I think not having a bond and settling into a house you want in a community near the amenities you care about is what matters most...
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