Domain: tiger-web1.srvr.media3.us Orange Beach Condo Ownership | Page 3 | Money Talk
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re: Orange Beach Condo Ownership

Posted on 10/17/19 at 7:52 am to
Posted by fatboydave
Fat boy land
Member since Aug 2004
17979 posts
Posted on 10/17/19 at 7:52 am to
quote:

Simply false.
You can get an HO6 policy for a couple hundred/year, and have “additions/alterations/improvements” to rebuild properly, protect your personal property, and have liability of $500k.


Not false if you don't have an HO6 policy.
Posted by ELVIS U
Member since Feb 2007
11744 posts
Posted on 10/18/19 at 9:42 pm to
My business partner owns one. I would not advise it.
Posted by Twenty 49
Shreveport
Member since Jun 2014
20996 posts
Posted on 10/18/19 at 10:01 pm to
I don’t want to have to nervously watch the Weather Channel for a week every time tropical storm Barb brews up in the Gulf.

Some friends had one get sanded in. They made waaay too many trips down there to deal with the insurance and repairs.
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 10/19/19 at 9:20 pm to
quote:

I don’t want to have to nervously watch the Weather Channel for a week every time tropical storm Barb brews up in the Gulf.



Just came in from the panhandle today, we rent there 3-4 times a year which is about all the beach time I can stand, and do it for what the annual HOA dues would be if we owned the condo we rent. Being able to enjoy the beach, leave, and not worry about the approaching storm was pretty nice.
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