For Sale Galveston Bay House | 22204 Cantina Galveston

For Sale: 22108 CANTINA Drive Galveston, TX

WOW! Very nice canal front home in an active rental program. Pride in ownership, ready to move in, open concept, kitchen with granite, black appliances, dining area, airy and light windows galore! On the canal, just push a button and lower your boat to go out to Galveston Bay to fish or turn on light over the dock and fish from home. While enjoying the great outdoors, serve your guests from a downstairs entertainment area complete with awnings, tv, concrete bar, bathroom and full size refrigerator-bring the family or friends! The Master Bedroom is on the top floor with Gulf of Mexico views or step out onto the balcony and watch the amazing Sea Isle sunsets over the canal. 3 bedrooms, 2.5 baths and enclosed 1 car garage. Park your jet skis at the boat dock in the jet ski lift that is perfectly installed for easy access... This home has it all as a vacation getaway, full time home or investment rental property. Make an appointment to see today! $596,000  #jankecoproperties #waterfront homes #galvestontx #realestate #beachhouse #bayhouse #seaislegalveston #rentalincome #vacationhomesgalveston #mariejankerealtor

Do I Have to Have Flood Insurance?

Is flood insurance necessary for this type home on stilts?

The short answer is no you do not have to have flood insurance if you pay cash or do not have a mortgage. Lenders will require that you carry however if you have a mortgage on the property.

The reason that you SHOULD carry flood insurance is to make certain you are covered in all ways should a hurricane damage your home. Windstorm can sometimes wreak havoc on a claim if flood damage is proven. To ensure that you will have all bases covered, carry both.

The amount you pay for flood insurance is dependent on what flood zone you are located and the height of your home out of the flood plain. Many times insurance can be grandfathered from the existing owner and new owner can acquire the policy at what is currently being paid. Your realtor can assist you with this and even put in the earnest money contract.

These are just my thoughts from experience of selling homes on the Texas Coast. You can reach out to me for other questions and I will connect you with insurance companies that do this for a living.