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What options do Florida condo owners have if they can't afford the ...


Florida HOA and COA Foreclosure Laws - Nolo

If you fail to pay your HOA or COA assessments in Florida, the association can get a lien on your property and might foreclose on your home.

Owners Rights Archives - A Condo Law Firm For Consumers

When you buy a condo in Florida, it is important to understand the maintenance and repair obligations you will have as an owner. Generally speaking, your condo ...

IT'S OVER: Condo Owners CRUSHED! What You MUST KNOW!

New If you want to buy a condo, especially if you are looking in Florida, This is the video you must watch! Beginning January of 2025 all ...

HOA rules in Florida include new laws. What homeowners need to ...

Floridians who live in subdivisions condo buildings and other communities with homeowner associations (HOAs) now have laws protecting their ...

Making Special Assessments Work Fixed Incomes, Low Incomes ...

In Florida, it is law that condo associations are required to reserve money for major capital expenses. “What a condo will do is conduct a reserve study, figure ...

Borrowing Money | Florida Condo & HOA Law Blog

For associations that have not funded reserves, money will be in short supply, leaving two possible options depending on what is permitted under ...

Insurance Requirements for Florida Condominiums - Williams Law

This coverage helps protect the lender's financial interest in your property. Even if you don't have a mortgage, your condo association may have rules about ...

WILL FLORIDA CONDO OWNERS SURVIVE THIS? - YouTube

Florida condo owners are about to get hit by the perfect financial storm. With insurance rates already going up as much as 300% for some ...

Pay Up! All About Collections - CooperatorNews South Florida

That's why Miller always recommends to his clients that if they can't pay their ... “The condo association has a much easier time foreclosing, and they are ...

Florida Condo Crisis: No One Wants Them, Not Even The Owners

Many Florida condo associations have been happily plugging along for years pushing needed repairs into the future to avoid hefty fees.

Condominium Law Archives - A Condo Law Firm For Consumers

If you are a Florida condo owner and are seeking legal representation to assist you ... do I have to file suit against my condo association?” Many condo ...

Condo Loans in Florida: Everything You Need to Know

✓ Types of Condo Loans Vary Widely: They include conventional, FHA, VA, USDA, and alternative financing options. Prospective buyers should ...

3 Ways to Pay for an Association Capital Improvement Project

Option 1: Use your reserve fund. Your community association's reserve fund should be the first place you go to when funding repair and replacement of your ...

Condo Insurance in Florida: Cost and Companies - NerdWallet

Florida condo owners are facing a double whammy — soaring ... Get notified when it's time to renew or explore new options. Get Started ...

Is Buying A Condo In Florida A Good Investment? Pros & Cons

While condos come with many amenities, residents pay for them through HOA fees that can often be steep. In Florida, a condominium association's annual budget ...

Why Owning (and Buying) a Florida Condo Has 'Turned Into a ...

Solutions for strapped condo owners, while limited, do exist. Since 2022, Miami-Dade County has offered interest-free loans of up to $50,000 for ...

3 Reasons To Steer Clear of Citizens Property Insurance!

However, if Citizens can't afford to cover all claims, they can levy an ... that Citizens was becoming the first or only choice for some Florida homeowners.

9 Things to Know About Homeowners Associations (HOAs)

Find out what the fees are paying for, and determine how they will affect your household finances. For example, will you have to pay for garbage pickup? Are ...

What if I can't afford my homeowners insurance deductible?

Secure a loan. A home equity line of credit can help you cover the cost of repairs. Another option is disaster assistance from the Small Business ...

Florida HOA Foreclosure 101 - Haber law

Condominium and homeowners' associations have the legal right to collect unpaid debts. If you default on your condo fees, the homeowner's association will begin ...