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Owning a condo in Florida is becoming less attractive: Redfin

Housing Wire

Meanwhile, homeowners association (HOA) fees multiplied for many condo buildings in the aftermath of the 2021 Surfside condo collapse. In May 2022, the Florida Legislature introduced a new condominium safety law, which mandates more rigorous inspections and stronger financial reserves for HOAs.

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The Appraiser’s Guide to Evaluating Home Value Before You Buy

Birmingham Appraisal

Additionally, it’s wise to look into future development plans in the area as they could either boost or detract from your home’s value in the long run. Keep an eye on the neighborhood’s growth trends and planned developments. These features can significantly enhance the desirability and therefore the value of a property.

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What You Should Know About Building Code Requirements in Florida

Lamacchia Realty

Whether building a new home or renovating it, you must follow building codes. But, as we already mentioned, you need to familiarize yourself with the building code before starting construction or renovations. Other codes related to safety during construction or renovation, are in place mainly to protect neighboring buildings.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Renovation loan assessments. Future potential for development of the home. Paperwork – gather any relevant paperwork that supports the valuation of the home such as property tax bills, HOA fees, receipts and permits for any improvements or upgrades. Mortgage financing and refinancing. Property division in separation / divorce.

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Important Mortgage Acronyms

Assurance Financial

Department of Housing and Urban Development (HUD). FICO stands for Fair Isaac Corporation, an analytics company that developed the formula used to calculate FICO scores. HOA (Homeowners Association). Some properties, such as condos and homes in subdivisions, have a homeowners association or HOA attached to them.

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Your neighborhood may require homeowner's association (HOA) fees, too. Check Out Programs from the Department of Housing and Urban Development When you're a government employee, where should you look for financial help? The Department of Housing and Urban Development (HUD) offers programs that may help you buy a home.

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Afton Oaks Houston Neighborhood Maps

Houston Properties

The neighborhood features renovated vintage and recently constructed homes. Afton Oaks patio homes and townhomes are among the new construction projects developers have started in the last few years. The Afton Oaks Civic Club actively enforces mandatory HOA fees and architectural restrictions.