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Tag: Budgets

Condominium budget preparation issues (FL)

It is that time of year when Condominium Associations start working on preparing their budgets for 2021. Usually a small committee or the board will have a “workshop” to come up with a preliminary budget and later in the year the board will vote on the final budget.  Read the article………………………………… https://communityassociations.net/category/fl_news/feed/

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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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