Legal Question in Real Estate Law in Florida

buying condo

I was trying to get a loan to purchase

a condominium in Miami fl. in a brand

new building but the mortgage lender

turn me down because the

homeowners association has no

funds. Could any bank give a loan

without the homeowners association

? What happens if I purchase the

condo without a homeowners

association ? And in sept 2005 I

signed a sales contract for a certain

amount but now the prices have

fallen quite a bit . It's there anything

I could do to workout a new price on

the condo ?


Asked on 12/31/08, 5:48 am

1 Answer from Attorneys
David Slater David P. Slater, Esq.

Re: buying condo

You may be able to renegotiate. Contact your developer.

Read more
Answered on 12/31/08, 2:04 pm


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