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I have done work on a number of premier waterfront homes up here, some of which I have posted pics of in the past. A lot of these homes now have for sale signs up due to the pending new flood zone maps and the mandatory insurance a mortgage company could force upon the owners.... Some premiums I have heard are running in the six figure range.... That will separate the rich from the really rich. As well as those who have a mortgage from those who don't. The flood zone deal is going to be a big topic. Soon.
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