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Residents of evacuated Miami condo sue homeowners association over delayed repairs (FL)

In a matter of days, columns supporting a 138-unit condo tower in Miami went from being weakened after years of deterioration to being severely compromised, according to city inspectors.  But it wasn’t erosion or a natural disaster that exacerbated the problem at 5050 NW Seventh St., inpectors say. It was human error.    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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