COVID and condos: Pickleball courts instead of trees; can the board do that? (FL)

Written by Florida Condotel Mortrgage on August 5, 2020. Posted in Florida Condotel Mortgage.

Q: We are obviously concerned about COVID-19 and the association is about to embark on a construction project that requires contractors to enter the unit. Many owners are concerned about contractors coming in the unit, even with masks. Can we delay the project? Read the Q&A……………………………….

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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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