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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.

Gated community serves Adam Botana for trespassing while campaigning (FL)

State House candidate Adam Botana was reported for trespassing in a Fort Myers gated community while door knocking.  Surveillance cameras on July 13 caught the Bonita Springs Republican rolling through the back gate of the Forest Country Club on an electric scooter. A week later, Botana was served with a warning from the homeowners association stating he had been permanently banned from the premises.    Read the article……………………………. https://communityassociations.net/category/fl_news/feed/

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Governing Document Amendments In Light Of COVID-19 – Making Lemonade Out Of Lemons (FL)

As a result of the unexpected COVID-19 crisis and its ramifications on Florida’s community associations, there are lessons that can be learned. Early on, an unexpected issue many community associations faced was whether the board could rely on the emergency powers set out in the Florida Statutes to help protect both residents and property alike during this time of uncertainty (the “emergency power legislation”). The Condominium, Cooperative, and Homeowners’ Association Acts each provide that the board of directors is granted certain emergency powers in response to damage caused by an event for...

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Peacock problems: Clearwater community killing peacocks, law enforcement says it’s not illegal (FL)

There’s a peacock problem in Pinellas County. Some said there’s too many, others argue there aren’t enough.  Some neighbors consider the wild animal’s therapy pets while others call the peacocks a nuisance and kill the birds to get rid of them, but that solution doesn’t sit so well with everyone.     Read the article………………………….. https://communityassociations.net/category/fl_news/feed/

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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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