NAR Board Changes: MLS Standards, Tax Policies and More

Written by Florida Condotel Mortrgage on November 16, 2020. Posted in Florida Condotel Mortgage.

In addition to Code of Ethics changes, NAR’s board approved 8 recommendations for consistent MLS standards and approved greater support for housing-shortage policies. #floridacondotels #floridacondotelmortgage #floridacondotelfinancing

#floridacondotels #floridacondotelmortgage #floridacondotelfinancing

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Rates posted assumes 25% down payment, and an ARM and fixed rate first mortgage on a Florida condotel, secondary 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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