Aging condos fraught with challenges for owners, governing groups

Written by Florida Condotel Mortrgage on July 15, 2021. Posted in Florida Condotel Mortgage.

Business and law experts at the University of Miami gauge the impact of the Surfside tragedy on the owners of older condominium units and examine initiatives to revamp the policies and procedures that regulate the associations. Read the entire article……………………………….

#floridacondotelmortgage #floridacondotelfinancing #floridacondotel

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Rates posted assumes 25% down payment, and an ARM rate first mortgage on a Florida condotel, primary residence. Additional required amounts such as taxes, insurance, home owner association dues, assessments, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. **Posted APR is based on Mortgage Assumptions.

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