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Tag Archives: property values
Track Post-Spill Gulf Coast Property Values with FNC Map
Tomorrow, FNC’s interactive map of Gulf Coast property values will debut. You will be able to track property values in every zip code along the Gulf Coast since the BP oil spill occurred on April 20.
The map comes at an ideal time. Yesterday, White House appointee Kenneth Feinberg took the helm of BP as the oil spill czar to supervise the evaluation and payment of the 108,200 claims… Continue reading
Florida Gulf Coast Property Values Dip But Not Due to Oil Spill
It’s good news, so-so news for Florida after the oil spill. Pres. Barack Obama swam in the sapphire blue waters off Panama City with his daughter, hoping the picture perfect scene would reassure tourists. The Pensacola News Journal reports that property values in the Gulf Coast county have dipped, but not due the spill.
Appraisers crunched their numbers before the April 20 BP oil spill began. Escambia County’s total… Continue reading
Claims Czar Lays Out Some Ground Rules for Homeowners (& Appraisers)
As everyone who lives and works on the Gulf Coast probably knows, Kenneth Feinberg is the man the White House appointed to oversee claims paid by BP from its $20 billion escrow fund for oil spill damages. On Friday, he told a standing room only crowd in Destin, Florida, that the eligibility of claims for loss in property values would be far more difficult to decide, far more subjective than… Continue reading
Executive Order Lets Florida Appraisers Perform Oil Spill Assessments
Florida Governor Charlie Crist signed an executive order that allows property appraisers to perform “interim assessments” in the 26 Florida counties affected by the BP oil spill. Homeowners and business owners can use the appraisals as documentation when submitting claims to BP for lost property values.
Legal experts are debating whether homeowners claims of loss in property values will be valid if BP forces the claims into a courtroom… Continue reading
Posted in Oil Crisis
Tagged appraisers, Charlie Crist, Florida, oil crisis, property values
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