| 1 |
Can we get insurance?
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Every home on Fire Island is insured. |
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| 2 |
Is flood insurance very expensive?
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No. The Federal Government provides low-rate insurance for Fire Island Properties. |
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| 3 |
How much cash do I have to put down when purchasing a home?
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A conventional mortgage requires 20% down. Other mortgages are offered at 5%and 10%as well, but at different times. |
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| 4 |
Will the money made through rentals carry the mortgage payments?
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In most cases the rental does cover the costs, depending on how the loan is structured. |
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| 5 |
What are the different towns on Fire Island like?
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The island is 32 miles long and has a different town every few miles.
Each town has its own personality. |
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| 6 |
What is the largest town on the island?
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Ocean Beach.
Ocean Beach, nicknamed the "Land of No", by the press, has recently made efforts to change its reputation. A new Mayor and Board of Trustees overturned laws that prohibited bike riding, barbecuing and eating in the streets. |
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| 7 |
Do the ferries only run in summer there?
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There is year round ferry service to the beach, frequency of service varying by the season. |
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| 8 |
What is the Fire Island National Seashore?
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The National Seashore is a federal agency designed to preserve the quality and character of the beach. |
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