Florida Condos guides
Condo approval depends on the building as much as the borrower. These guides cover special assessments, reserves, litigation and rental limits.
Guides in Florida Condos
Financing a Condo With Short Term Rentals or Hotel Like Operations
A condo that allows short term rentals is not automatically a hotel project, but its actual operations and governing documents can make it.
Read: Financing a Condo With Short Term Rentals orFlorida Condo Due Diligence
Before buying a Florida condo, review the association's budget, financial statements, reserves, meeting minutes, insurance, inspections and.
Read: Florida Condo Due DiligenceFlorida Condo Reserves and Structural Integrity Reserve Studies for Buyers
A Florida condo reserve study can reveal future ownership costs that the current association payment does not show.
Read: Florida Condo Reserves and StructuralFlorida Condo Special Assessments and Mortgage Approval
A Florida condo special assessment can affect both your mortgage qualification and the building's eligibility for financing.
Read: Florida Condo Special Assessments andMortgage Financing for a Condo With Pending Litigation
A condo association lawsuit does not produce the same mortgage answer in every case.
Read: Mortgage Financing for a Condo With PendingTalk it through with Dane.
You do not need to be ready to apply. Send the property, the question or the plan, and I will tell you what I see.