Homeowners Insurance Ocala

Snakes, Sinkholes And Other Homeowner Horror Stories

As recently as early October 2011, a family fled their home in Ocala, FL when a sinkhole opened up in their driveway, swallowing their car and threatening to expand to their children’s rooms.

The family told Orlando’s local news station WKMG that they didn’t want to return to their home no matter what the insurance company says because “the problem underground appears to be spreading.”

The Creepy-Crawlies

For most people, a problem with roaches can be resolved with a quick hit of aerosol bug repellent. Then there are extreme roach infestations. Do not confuse the two. Just listen to what happened to one Dayton homeowner who currently tried to do the math on his cockroach infestation, but could not keep up.

Homeowner James Manning told the Dayton Daily News October 16 that he sees “50 to 60 roaches ” on an average night in his home.

“And I was told by Orkin, if you see one, multiply it by 500,” Manning said.

The problem stems from the foreclosure next door. Sitting only three feet away from Manning’s house, the neighboring home’s walls look to be “alive” with roaches. For three months, Manning fought a one-man war against the creatures while responsibility for foreclosure cleanup has been passed from city officials to a property management company to county inspectors.

Honey, There’s a Gator in the Bathroom!

It was a typical Saturday in April when Alexis Dunbar walked into her Palmetto, FL home ‘s bathroom to find herself staring at a 7-foot-long alligator. The reptilian intruder was staring back at her — with its jaws wide open.

Screaming, Dunbar and her boyfriend propped a small table against the door to keep the gator in the bathroom until help arrived.

The alligator apparently went through the cat door of Dunbar’s home and, while looking for food or a cool place to rest, wandered into the bathroom.

Homeowners Monthly Payments Down Almost ... - Ocala Realty Online

Monthly median-priced single family home today is $700

Inexpensive homes for sale in Florida and United States, plus historically low interest rates mean homeowners are paying less per month and that is great. Thats a 40% less than the $1,140 monthly average payed in 2006 according to Fiserv.

Here in Ocala, Florida homes sales prices have dropped a whooping 50% since the peaks in 2006. In rural areas such as Fort McCoy, Sparr, Anthony, Citra, Orange Spings, Williston, Belleview, Summerfield and many more the values have dropped even farther. In many other areas of the state and country values have only dropped around 35%. That means there is some great value in Marion County and we are poised to see a future rebound of the housing market. We are slowly starting to see home prices level off in the area but we are still not there yet.

Just as an example, let’s say you are borrowing $85,000.00 for 30 years with an interest rate of 5.000%. If the value of your home is $300,000.00, your property taxes $1,500.00 per year and your insurance is $1,200.00 per year, you can expect to be making a total payment of $681.30 . This is because you need to pay $456.30 toward the actual loan, plus $125.00 for real estate taxes and $100.00 toward insurance.

Source: “Monthly Mortgage Payment Almost 40% Cheaper Than 2006,” HousingWire (Nov. 9, 2011) and Fiserv

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