Why Is Property Insurance Rising So Fast? Experts Speak Out

Written by Florida Condotel Mortrgage on October 12, 2020. Posted in Florida Condotel Mortgage.

There’s no single cause, rather a combo of laws, natural disasters and human behavior that are nudging rates higher and pushing private insurers out of the market. #floridacondotels #floridacondotelmortgage #floridacondotelfinancing

#floridacondotels #floridacondotelmortgage #floridacondotelfinancing

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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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