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Real estate Q&A: How do we correct the size of our condo in association’s documents? (FL)

Q: In our condo, all the units have two bedrooms, but some are slightly larger and pay $40 more in monthly maintenance. Ours is one of the smaller units but is listed in the condo documents as a larger one. We have been paying the lesser amount, and the association has cashed the checks while telling us we need to pay the difference. Now they are threatening us with interest and late fees. What can we do?   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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