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NAR: International Investment Down 5% Before Pandemic

The one-year study ran to the end of March and found investment down slightly even before COVID-19 surged. While Fla. remained the top international destination, NAR Economist Yun says the reason for the sales drop is the same as for the U.S. sales drop – lack of inventory. #floridacondotels #floridacondotelmortgage #floridacondotelfinancing

#floridacondotels #floridacondotelmortgage #floridacondotelfinancing

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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