Orders to MacDill AFB? Consider Saint Petersburg!

It seems that most folks that are moving here to work at MacDill AFB end up buying homes to the east of the base. I haven’t quite figured out why they all seem to end up in Brandon or Riverview, or even further east in Lithia, Valrico, Seffner, or Fishhawk Ranch.

Why aren’t folks looking just west to Saint Petersburg and all it has to offer? My guess is that the bridges across Tampa Bay are too intimidating. I would counter that the jam-packed commute from the popular Fishhawk Ranch area is a longer drive, in both distance and time, as well as aggravation.

Saint Petersburg has all the best that living in Florida has to offer! Gorgeous beaches, sailing, fishing, boating, and lots of sunshine! Downtown St Pete has a beautiful, accessible waterfront in addition to a terrific nighlife, restaurants, arts & crafts galleries, museums, Albert Whitted Airport and too many activities to count. For the sports enthusiast, Al Lang Field is home to the Rowdies professional soccer team as well as Tropicana Field, home of the Tampa Bay Rays.

Waterfront or waterview properties are affordable, and many are ready for you to arrive with your boat and take advantage of Florida living!

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Flood Insurance Update

DISCLAIMER: I am certainly not an expert or an insurance agent, but these are my personal take-a-ways from community meetings, handouts and online research. For specific information regarding your home, you should contact your insurance agent.

This is an update to my blogs “The Bottom Line on Flood Insurance” and “What to Do About Flood Insurance”

Most of you know by now that the “Homeowner Flood Insurance Affordability Act” was passed and signed on March 21, 2014. This is a big relief to many of us who live in FEMA flood zones.

Bottom line (as I can figure it from the FEMA overview):

– Primary homeowners will see a maximum of 18% rate increases each year (unless it is a severe repetitive-loss property and certain pre-FIRM buildings)

– Buyers will be able to assume the sellers’ flood insurance policies at the same rate (at least until FEMA “develops guidelines”

– All primary residence policies will see a $25 surcharge ($250 for all other policies) to assist with FEMA’s “financial sustainability goals”.

– Guidelines set for grandfathering when new maps are written (too confusing for me to summarize so you’ll need to figure it out yourself if it applies to you.)

– Refunds for those who overpaid based on the law change.

– Increase in maximum deductible to $10,000, which may lower your premium.

– Non-primary homeowners and businesses get no relief from passing of this Act (will still see 25% increases each year until achieving “non-subsidized” rate)

If you’re not sure if or how this affects you, contact your insurance agent! He/she is the expert on this topic!