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Category: Florida Condotel Mortgage

At Fidelity Home Group, we are condotel mortgage experts in Florida! The Condotel also known as the Condo Hotel is quickly becoming popular in Florida as an investment opportunity. Various Condotel Projects are popping up in South Beach, Panama City, Palm Beach and Miami.

‘Ham ‘ it up for hurricane season (FL)

Southwest Floridians are all too familiar with power loss during hurricanes and storms, but who’s there to communicate for us in a state of emergency?  On Saturday morning in Punta Gorda, the Charlotte Amateur Radio Society collaborated with the Burnt Store Lakes Homeowners Association Community Emergency Response Team to demonstrate how Ham Radio operators can send and receive messages without electricity, cell phone service or wifi.    Read the entire article………………………………. https://communityassociations.net/category/fl...

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Your condo building can still enforce you to wear masks (FL)

Although there are new mask guidances in place for fully vaccinated people (they no longer have to wear masks in certain settings), vaccinated people living in condominiums are now facing a new predicament — the government says they don’t have to wear masks if they are vaccinated, so, do they have to wear them in their own condo?   Read the entire article………………………………. https://communityassociations.net/category/fl_news/feed/

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Is Your Fining Process Fine? (FL)

Prior to 2010 Florida law only allowed the association to fine for violations of the governing documents, if the authority to fine was contained in the declaration or bylaws. In 2010, the law changed and associations had the power to fine, even if the power to fine was not contained in the governing documents.   Read the entire article………………………………. #floridacondotelmortgage #floridacondotelfinancing #floridacondotel

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More South Floridians Moving North – but They Stay in Fla.

Rising costs motivate some movers, but a lot of South Floridians are maximizing profits by selling their home now and moving to an area where their housing dollar buys more real estate. Moves to Tampa, Orlando, Fort Myers, St. Lucie County and more are up 108% this quarter. #floridacondotels #floridacondotelmortgage #floridacondotelfinancing

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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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