save a salmon, lose your life savings
TRANSCRIPT
Save a salmon, lose your life savings.
A quick look at pending shoreline regulations.
State law says your home is a preferred use
on the shoreline.Some people disagree.
Generic buffers could make your legally built
home “non-conforming.”
Current buffers are 50 feet, but they will soon be increased.
Perhaps dramatically.
Does “non-conforming” sound like a preferred use?
(It’s not.)
A “non-conforming” home may be rebuilt if
damaged, but...
it can’t be enlarged or updated without major
permitting hassles.
But wait, there’s more...
when it’s time to sell your home, you may need to
find a cash buyer...
because lenders don’t allow mortgages on legally non-conforming homes. (Fannie Mae, Freddie Mac, HUD)
What would your life be like if you couldn’t sell
your single largest investment?
Some people say we’re “alarmists!”
The same people who think shoreline homeowners are “selfish”
for wanting a view of the water.
But if we don’t sound the alarm, who will?
Bainbridge Island’s Shoreline Master Program
update will affect you.
Find out how. Google us!
Bainbridge Shoreline Homeowners