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Form Association Or Face Fines? (FL)

The problem goes back to 1988, when a developer got a variance that allowed him to build 91 homes instead of 50 if he created an association to maintain the private roads and drains. But after the construction was finished, the association was dissolved in 1992.  And 29 years later, Sweetwater is telling homeowners they have to restart the association.   Read the entire article……………………………….

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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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