Available 7 Days/Week       MON - FRI  8am - 7pm       SAT - SUN  10am – 6pm
Call us (888) 259-2257
Apply Now

What questions Tampa Bay condo associations are asking after Surfside collapse (FL)

It’s been a little over two months since the sudden collapse of Champlain Towers South in Surfside on June 24, which killed 98 people.  The tragedy has prompted many condo associations, lawyers and consumer advocates to reassess Florida’s laws surrounding inspections and maintenance funding, after it was revealed that Champlain Towers South had just over $777,000 in reserves to pay for what was estimated by inspectors as a $16.2 million repair bill.    Read the entire article……………………………….

Community Associations

 

 

#condotelflorida, #floridacondotel, #floridacondotelfinancing, Florida Condo & HOA News, floridacondotelmortgage, National Condo & HOA News

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
 
Copyright © 2021 Fidelity Home Group supports Equal Housing Opportunity | All Right Reserved  | NMLS Identifier 1834853. Fidelity Home Group is not affiliated with the Department of Housing and Urban Development (HUD) or the Federal Housing Administration (FHA). Not intended for legal or financial advice, consult your own professionals if such advice is sought. Accessibility Statement  | Consent to Receive Electronic Loan Documents  |  Cookies Policy  |  Disclosures  | Email and Mobile PolicyFair Lending Policy  |  Mortgage Assumptions  |  NMLS Consumer Access  |  Privacy Policy  |  Terms of Use