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For Florida homeowners, selling their homes "as-is" for cash represents a chance to move on and escape the constant cycle of damage, relocation, and repair, besides skyrocketing insurance costs.
Carlos Armstrong,25, rides to his damaged home by flood waters near NE 123 street and 11th Court in North Miami on Thursday, June 13, 2024. 600+ flood-related auto claims filed
A vulnerability in Florida's property insurance market — finger-pointing over whether water damage was caused by flood inundation or breaches in the structure that let rain through — is likely ...
Following the back-to-back impacts of hurricanes Helene and Milton, many Florida homeowners are selling their flood-damaged properties under terms like "as is," "cash only" and “for investors.”
A total of 90 homes were damaged on Duck Key, 7 significantly. [46] Hawks Cay Resort suffered extensive damage, forcing nearly the entire staff to be laid off, with the property not expected to reopen until the summer of 2018. [66] The storm caused minor damage to 13 homes, major damage to 4 homes, and destroyed 10 homes on Conch Key.
Hurricane Helene, blamed for more than 300 deaths as of Oct. 17, made landfall in the area known as Big Bend, where Florida’s panhandle gives way to the peninsula.
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