Any recommendations on areas for beach front/ short walk to the beach vacation properties between Delaware and North Carolina? Price range approx $300,000. Area should be safe and great for vacationing and renting, but not too commercialized.
2007-09-03 12:59:00 · 5 answers · asked by MJ 2 in Business & Finance ➔ Renting & Real Estate
Look at the Myrtle Beach area.
I bought a condo here 3 years ago and love it here!
2007-09-03 15:31:39 · answer #1 · answered by tom p 3 · 0⤊ 0⤋
Your money, your decision. Look, here's what one other respondent said: "Manhattan was supposed to be under water by 1999. Quote by Noel Brown, UN official: "Entire nations could be wiped off the face of the Earth by rising sea levels if the global warming trend is not reversed by the year 2000. Coastal flooding and crop failures would create an exodus of "eco-refugees," threatening political chaos."" You put these two 'predictions' of flooding of coastal areas by '1999' and '2000' and you can see how flawed some people's critical thinking skills are. That Noel Brown guy wasn't talking about the flooding occurring by 2000, he was talking about a 'tipping point' beyond which the consequences of global warming could not be reversed. Other people have pegged the tipping point in 2008, 2013, and it's always the same, observers of those dates somehow interpret those dates as this mystical dateline in the sand that will open the floodgates of hell and the seas will come surging in to inundate everything when nothing of the sort was 'predicted.' THEN, often as not, the selfsame observers who cannot comprehend English to begin with accuse the person who made the tipping point prediction of being the alarmist. Hahahahaaa. Beachfront property is not going to be at risk due to rising sea levels in the next real estate cycle. If you think a piece of property or area has bottomed out in value and is at the beginning of the cycle of appreciation and that is what is important to you, go ahead and buy it. If you believe that weather trends of recent years in that area are going to continue and weather extremes have become more daunitng and difficult to deal with, maybe you're better off investing elsewhere. Short term, climate change itself shouldn't affect your investment that much. Weather, the media and politics might. Ultimately, you have to make the decision yourself based on the risks and benefits to you rather than what sea levels 'might' be 100 years from now.
2016-04-03 01:54:38 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Can you get Hurricane Insurance? If you are able to, how much will it cost you? If something happens will the Insurance Company come through as promised when you buy your policy?
2007-09-03 13:13:58 · answer #3 · answered by Gary 5 · 0⤊ 0⤋
We have beachfront properties here in Charleston SC. I will give you a link. I dont think 300k is enough in this area.
2007-09-03 16:57:16 · answer #4 · answered by divepassion 2 · 0⤊ 0⤋
will you be self-insuring?
will you have the money to rebuild?
2007-09-11 00:23:12 · answer #5 · answered by sophieb 7 · 0⤊ 0⤋