Has the BP spill effected your realestate?

by admin on October 11, 2010

In Grand Isle, La., this is typically a busy season for Realtor Beverly Curole. Interested buyers come to check out  properties in this barrier island known for its July fishing rodeo, sandy beaches and many vacation homes.

But since the Gulf oil spill sent a sheet of oil into the island’s bay, Curole’s buyers have fled. First, they put closings on hold. Then they canceled contracts. Now she’s hoping to get money from BP for lost commissions.

The beach is now clean, she says, but sales are still suffering. “The buyers aren’t there,” she says. “I’m a sales agent, and there’s nothing to sell. Hopefully, now that it’s capped, it’ll be better, but we don’t know how long it’s going to last.”

To file a claim, licensed real estate professionals should go to bpclaims.org for additional information.

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