Palm Beach County’s strictest condo ordinance could be soon coming to Boca Raton (FL)

Written by Florida Condotel Mortrgage on July 28, 2021. Posted in Florida Condotel Mortgage.

Tuesday night, Boca Raton City Council members will propose a new recertification ordinance stricter than the ones already in place in Broward and Miami-Dade counties. The ordinance would be the first of its kind in Palm Beach County, establishing safety criteria for buildings subject to recertification, timeframes necessary for recertification, etc. 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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