Mortgage Fraud: Buyer Beware | Chris Doering Mortgage

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Buyer Beware When buying real estate property, do not assume property taxes will remain the same. A change in ownership may reset the assessed value of the property to full market value, which could result in higher property taxes.

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The Physical Aspects When purchasing a unit in a cooperative or condominium, most consumers focus on location, size, amenities, and the price.

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Cost of Flood Insurance in Florida and How Coverage Works So how does excess flood insurance work? A National Flood Insurance Program (NFIP) policy only offers coverage for homes up to $250,000 & personal property up to $100,000. Excess flood insurance offers coverage for your property if it costs more to repair or replace.

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