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masraum masraum is online now
Back in the saddle again
 
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Join Date: Oct 2001
Location: Central TX west of Houston
Posts: 57,053
Can you afford to walk away if a hurricane wipes it off the map? Can you afford the insurance? Even for something that's got a low purchase price, especially that close to the water, I suspect the insurance will be pretty pricey.

My mother lives across a bridge from Pensacola (Milton, tiny little town) on the north side of I-10. Insurance in the area is ugly.

Personally, I'd not buy vaca property, especially in that area. I'd just rent when I wanted to use it.
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Steve
'08 Boxster RS60 Spyder #0099/1960
- never named a car before, but this is Charlotte.
'88 targa SOLD 2004 - gone but not forgotten
Old 05-26-2010, 08:15 PM
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