All Forum Posts by: J Chad Davis

Great work, Timothy!

Belinda, 

I used to have a friend who did exactly this. He worked for the USACE (US Army Core of Engineers) in their office off Ferry Road. Perhaps someone in that office could direct you more precisely how to determine this. 

Chad

Probably not until the contract time is completed

@Bruce C. we looked at that house, but didn’t feel up to the task. You’ve done a fantastic job on that

In response to point 3, above regarding flood insurance, it isn't true that most properties are far enough from the beach not to need insurance. In fact, behind the Seawall, only the properties near the beach are in low-risk flood zones, while those farther from the beach/Seawall are in higher-risk (more expensive to insure) flood zones. FEMA has a searchable map that can show you which zone a particular property is in. It's true that you can either purchase an elevated house or elevate and existing one, you will still need to obtain an elevation certificate to qualify for lower flood insurance rates. Unfortunately, windstorm is also quite expensive and I haven't found a way to decrease that expense other than the usual deductible/insurance value approaches.

@Bruce C. great work!

Medicine.  I wouldn't consider it the ideal educational approach to real estate.

I'm not terribly experienced, but it seems really hard to predict sale prices in Galveston.  My wife and I are living in a home that we are doing a (very) slow flip on and are wondering what the potential price will be, though we have planned for alternate strategies if necessary.  Please share the next phase when you can.

Chad Davis

Fantastic!

@Christopher Fordinal I look it up. In the case of properties in Galveston County, I pay it, so it’s imposed on my knowledge!