Add Yahoo as a preferred source to see more of our stories on Google. Inadequate insurance is the most oft-cited reason that more condominium associations are on federal mortgage guarantor Fannie ...

TALLAHASSEE, Fla. (WFLA) — Ever since the Surfside condo collapse in 2021, year after year, state lawmakers have pushed for condo reform. This year’s legislation takes a broader shift toward ...

Owning a condo comes with some great perks — less upkeep to worry about and access to shared amenities like pools, gyms, or common spaces. However, it also comes with financial obligations that can ...

At Palm Beach seminar, Brendan Lynch of Plastridge Insurance said federal flood insurance pays out $250,000 at the most for a ...

In the years between the collapse of the Champlain Towers South condo building in Surfside and hurricanes Helene and Milton, the average annual insurance premium for condominium owners jumped by over ...

In recent years, buyers wary of rising fees and insurance woes have snubbed condos, but some may now be ready to bargain hunt ...

Florida condo associations are struggling to secure adequate insurance, impacting residents' ability to refinance mortgages. Fannie Mae's blacklist of condo associations has tripled much of it due to ...