Grayton Beach, Florida was the first community established in Beaches of South Walton, some time in the late 19th century. If you walk down one of Grayton Beach's oyster-shell roads, you may have the feeling things don't change very fast here. Pine and oak trees surround many of the natural old wooden homes. Grayton Beach which still maintains that same “small cozy town” character with narrow tree lined streets and friendly people with funky art galleries, antique and specialty shops, a general store, and the infamous Red Bar. The most popular indoor destination in Grayton Beach, the Red Bar is a favorite for fun with friends and family while taking in the eclectic decor, listening to great live jazz music and enjoying great food and cocktails. Currently, Grayton Beach is the only area beach where, with a semi-annual pass, residents can drive their vehicles right onto the beach.

Are you considering taking out hazard insurance on a property before you actually take title? It may be a good idea!

Even though you are not yet the owner of record, as the buyer, you have an insurable interest in a property the moment that you and the seller execute the sales agreement. As a matter of practice, however, buyers do not usually take out insurance until the papers change hands, and it should not be necessary if the agreement of sale is properly executed.

It is very important to both parties that the agreement states that the property will be insured for a specific amount. From the buyer's point of view, an adequate sum must be stipulated, and the agreement should not read "as now insured", which can indicate that the seller may not want to increase the insurance.

As a general rule, the amount of insurance on the buildings on a property should equal the sales price, less the value of the lot.

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