ClintClint
Beach Fanatic
57 seconds of my life gone... Just like that. Thanks SWGB!![]()
I can't tell you how much money I've made on my franchise to put out-of balance washing machines in front of Walmart for middle aged women to ride.
57 seconds of my life gone... Just like that. Thanks SWGB!![]()
Cypress Dunes is in a Cobra Zone and therefore cannot obtain National Flood Insurance. Even though they are in an X Flood Zone, many lenders will not underwrite a mortgage without flood insurance these days. Private flood insurance is very expensive.
Very sure.
Coastal Barrier Resources Act
Coastal Barrier Resources Act (CBRA), Public Law 97-348 (96 Stat. 1653; 16 U.S.C. 3501 et seq.), enacted October 18, 1982, designated various undeveloped coastal barrier islands, depicted by specific maps, for inclusion in the Coastal Barrier Resources System (System). Areas so designated were made ineligible for direct or indirect Federal financial assistance that might support development, including flood insurance, except for emergency life-saving activities. Exceptions for certain activities, such as fish and wildlife research, are provided, and National Wildlife Refuges and other, otherwise protected areas are excluded from the System.
I have two lots in Cypress Breeze and am quoting plans now to build the 3br/3ba house. The time to build is now - construction costs and the fact I bought the lots in 2003 - allow for me to hit the $299K price point. Additionally, since this is a cash and carry project, financing is not an issue. I have quotes from 3 builders now, but I would consider another 1 or 2. Owner financing (lot and/or house) is possible.