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Redfin analyzed HOA fees during the three months ending July 31 for condominiums in 43 metro areas across the United States. While the data showed a 6% median gain among all the cities analyzed ...
Hurricanes and homeowners associations (HOAs) have cooled Florida’s hot condo market. Condo homeowners have been forced to lower their listing prices to offload their properties—going against ...
'I needed to return to work': Florida condo owners face unretiring or selling their homes after being hit with a striking $100,000 in special assessment fees Bethan Moorcraft July 23, 2024 at 7:20 AM
The property owners paid the fee to the homeowners' association. [177] The Court agreed that "a covenant to pay a sum of money is a personal affirmative covenant which usually does not touch or concern the land." [178] Nonetheless, the court reasoned that property owners gained access to public roads, beaches, and public parks, and public ...
Exclusive: Miami Herald received data from real estate firm Redfin to determine the average increase in HOA fees in South Florida since 2019. Condo HOA fees jumped 60% in South Florida in past 5 ...
A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...
Condo inventory has risen as much as 81% in parts of Florida and Texas, Redfin says. High HOA fees and rising insurance costs are an issue for buyers.
According to the PMBOK (7th edition) by the Project Management Institute (PMI), Fixed Price Incentive Fee Contract (FPIF) is a "type of contract where the buyer pays the seller a set amount (as defined by the contract), and the seller can earn an additional amount if the seller meets the defined performance criteria".
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