Condos Sales Near Disney

Due to the structural flaws or erosion over time of the Champlain Towers South that collapsed in Surfside Florida in 2021 where 98 people died new rules for condos are in place. As of 2024 there are 2 new Structural inspection reports now required to be produced by the condo associations. Condo sellers will need to know what is in the milestone inspection report and a Structural Integrity Reserve Study before closing on a sale for a used condo in buildings with 3 stories or higher. Condo sellers are going to need to have all of their ducks in a row and have a good Realtor to make sure potential buyers have everything their mortgage lender needs promptly so a mortgage can be approved, condo buyers should ask their experienced Realtor to send them or only show them condos on their lenders approval list to save them time and headaches. These changes are going to affect insurance costs, it may raise an already higher condo association dues and almost certain it may bring down the values of older condos.