Nathan Colmer | Van Dyk Group
C: 609.290.4293 | O: 609.492.1511
Hurricane Sandy forever changed the look and feel of Long Beach Island. Not since 1962 has there been such a massive weather event that prompted the rebuilding, raising and renovation of so many homes on Long Beach Island. When buying or selling a home in the LBI real estate market it is of the utmost importance to understand how Hurricane Sandy impacted LBI, what needs to be disclosed and what to look for when investing in the LBI real estate market.
When looking to buy or sell in the LBI real estate market it is helpful to have a list of trusted professionals. I have assembled such a list that is constantly evolving based on my personal experience in buying and selling homes on LBI.
There were many homes that were "fixed up" after Hurricane Sandy. While the vast majority of these homes were renovated and restored by professionals, there are still instances of homes that saw sub-par workmanship and therefore should be avoided!
Understanding what needs to be disclosed in storm damaged real estate on Long Beach Island is an important step for both buyers and sellers to protest themselves in a real estate transaction.
In the immediate aftermath of Hurricane Sandy there were an abundance of storm damaged homes for sale in the LBI real estate market. While many of these homes were being sold for land value, there were also many that were sold to be renovated (and possibly raised) for future use. Learn about the current options for sale on Long Beach Island and some helpful tips for finding and buying these unique properties.
When buying a home that was impacted by Hurricane Sandy there are a few key things to look for. Knowing the basics of repaired storm damage will help you be a better home shopper on Long Beach Island.
Flood insurance is an important topic for all buyers and sellers in the LBI real estate market to understand. The cost of flood insurance can be significant and it can impact the cost of ownership of a home on Long Beach Island.