Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#31
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Buy a condo in Spanish Springs, Vista Lago Place. 2 for sale, new roofs and outside paint within last 2 years.
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#32
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Well, good news everybody! Problem solved! In 2021, the Florida Legislature made it illegal for an insurance company to reject a 15-year-old roof that has been inspected and proven to have 5 years of life remaining!
My Florida Insurance company -- American "Integrity" -- immediately responded by tacking on a rider that completely removed my 14-year-old roof from coverage -- and hiked my rate 20%! I'm still waiting to hear from what passes for an "Insurance Commission", concerning this obviously illegal action. No doubt , they'll get to my little problem about 10 years after they deal with all the fraud and abuse following next year's surprise hurricane disaster that's never happened before in Florida. Gotta give Morgan and Morgan a chance to snub their nose at the 2022 Tort Reform law, you know! A.I. was so intimidated by the new insurance law that they hiked my rate 100% the next year, while I was still waiting for a response from the gooberment. That's what you get for complaining about your treatment at the hands of the Florida roofing/insurance/politician cartel, I guess. Fortunately, this year, Chicago-based Kin stepped in and wrote me a depreciated asset policy that's merely twice what I paid for twice the house in Texas. But who knows what's in store, once the introductory rate expires. I'll probably wind up just doing without. Hope they don't send some guy to break my legs! And to think, this all started because half my neighbors let some door-to-door crook scam their insurance company out of a new roof. How does someone reach our age without figuring out that there is no free lunch? |
#33
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#34
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You are passing on bad information. Not all agents represent a seller. For all my active real estate years as a "transaction broker," I NEVER represented the seller. Transaction brokers do not represent the buyer or the seller but have to treat both parties fairly. Most Florida real estate agents are transaction brokers.
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A Promise Made is a Debt Unpaid ~~ Robert W. Service ~~ |
#35
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"FLORIDA LAW ALLOWS REAL ESTATE LICENSEES WHO REPRESENT A BUYER OR SELLER AS A SINGLE AGENT TO CHANGE FROM A SINGLE AGENT RELATIONSHIP TO A TRANSACTION BROKERAGE RELATIONSHIP IN ORDER FOR THE LICENSEE TO ASSIST BOTH PARTIES IN A REAL ESTATE TRANSACTION BY PROVIDING A LIMITED FORM OF REPRESENTATION TO BOTH THE BUYER AND THE SELLER. THIS CHANGE IN RELATIONSHIP CANNOT OCCUR WITHOUT YOUR PRIOR WRITTEN CONSENT." |
#36
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Sold our 12/2009 built designer with original roof. Inspection written 5 years left on roof. He stated it should be more, but legally can only write 5. Insurance had zero issues with renewal, and basically pay rates equal to house up north. Depending on state you are coming from, homeowners and car insurance for us are same ballpark $$
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#37
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There should be no problem with a 10 yr old roof. The insurance company will ask for a “four point inspection”, then is all is well you will be ok’d for insurance, if any problems are found during “four pint” they will need to be addressed before insurance ok. You should not be afraid of a 10 year young roof. My house was built in 2004 and my State Farm insurance is just getting renewed now. However I was notified that next year roof will need to be replaced before renewal. I have no problem with that my roof is 19 years old, it’s time to replace as shingles now are just starting to curl.
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#38
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#39
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Yes, Ins. rates will go up nexted yr. I’m surprised the Ins. Co. didn’t tell you that you had to replace your water heater too. I know someone that sold their home that was told that they had to replace, roof & heater. Ins. rates are going to get worse!
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#40
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#41
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She is correct
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Closed Thread |
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