Wind sculpts the sand…covering the foot prints of the weekend.
Blog
-
Thanksgiving/Christmas Festivities
BIG holiday weekend coming up in Avalon and Stone Harbor NJ!
Friday 11/24- Â Festive Friday along Dune Drive in Avalon. Â Stop by our office for a FREE Tim Kerr Race t-shirt. Fun activities for children through out the business district.
If you are wandering around Stone Harbor Friday evening for Hospitality Night (6- 9pm), stop in to say hello and see our NEW office on 96th Street.
Saturday 11/25- Snowfest Saturday in Avalon during the day…and the annual Christmas Parade in Stone Harbor at 6:30pm.
For the full list of events:
Stone Harbor Chamber of Commerce
-
Flood Insurance
On Tuesday, I attended an informative seminar on the ever changing flood insurance industry.
Key points:
1) The  updated FEMA flood maps have been approved, and are referenced by insurance companies to quote a flood policy.  The standard zone for most of the island is “A”.  There are fewer “V” zones (considered a location of high risk), plus the addition of “X” zones (the  highest elevation locations with lowest risk).
2) Locations off the island may now be classified within a flood zone- and therefore a lender may require a buyer to obtain flood insurance before closing.
3) Even if a property is located in the higher “X” zone, an owner is wise to maintain flood insurance.
4) A Flood Elevation Certificate is required to obtain a flood policy quote. Â The certificate will specify the elevation of the curb (the street), the elevation of the structure, and the details of the crawl space venting. Â This document is prepared by a surveyor/engineer.
5) Non-conforming structures will continue to pay an increase of 20- 25% each year until the policy reaches the max rate. Â Non-primary home owners pay a $250 surcharge each year.
6) Past flood insurance claims remain on the records for the property- even after a sale.  After 3 claims, FEMA may decline new coverage unless the  owner makes changes to bring the property into compliance (elevating the structure, adding vents).
7) There are higher deductible policies available as an option to save costs. Â However, a lender may not approve of a high deductible if the policy is obtained for a new purchase.
If you have any questions regarding flood insurance, I am happy to suggest local insurance agents and/or survey companies to help.
609-967-7950 Â Â Â Â ann.delaney@timkerrsir.com
-
Learning from other shore towns
We enjoyed an off season visit to Rehoboth Beach, Delaware Thursday and Friday (our version of a weekend because of work schedules).
While in any beach town, I can’t help but compare/contrast with our home town and other nearby communities.
The main shopping district in Rehoboth Beach is similar to Stone Harbor’s 96th Street. Â The boardwalk is a low key version of Ocean City’s. Â The restaurant atmosphere reminds me of Cape May.
Any opportunity to be on the other side of the counter (as a tourist) is a positive experience.
And the perspective of what’s important in a vacation destination is as individual as every unique shore town.
-
Stone Harbor Exposure
All of our sale and rental listings will benefit from our added Stone Harbor office location.
Tim Kerr Sotheby’s International Realty
2821 Dune Drive, Avalon, NJ Â Â Â Â Â AND Â Â Â Â 231 96th Street, Stone Harbor NJ
-
Beach Block Condo, Avalon
Great location and value.
3 bedroom, 2 bath beach block condominium convenient to EVERYTHING!
$699,000 fully furnished. Â Purchase now and collect 2018 summer rental income.
For more information and interior pictures, click HERE for the MLS link.
Thank you for your interest! Â Â Â Â Â ann.delaney@timkerrsir.com
