General Discussion
In reply to the discussion: Florida Condo owners stuck with homes no one will buy as they wake up to grim repercussions of new laws [View all]SWBTATTReg
(26,316 posts)the sellers of course want their money for selling their properties and the banks, insurers, etc. all want their fees too. Someone in this whole mess (perhaps the sellers, covering up the whole mess until they can pawn off their defective properties?) should pay. The state, is kind of worthless, coming after the fact when all is said and done w/, and left a whole of want of be sellers holding a very expensive, unsellable property. And their insurance fund that the state has is running fast out of resources if it isn't already.
And the state will still get its property taxes, the insurers will still get their insurance fees, and the original sellers will walk away free from the mess to being w/...did they know what was going to happen?
At one time, it was a dream of mine to buy a condo in FL. God, by all that is mighty and good, no more. I'll never buy another condo anywhere else in ANY state for that matter.
I guess to be really safe, just rent very temporarily a place in FL, don't buy (FL is not the only place either, I say this for did some of those escaping the FL mess escape w/ their mess and are trying to sell bad properties elsewhere).