05/12/2026
Since the collapse of Champlain Towers South, condo financing in Florida has changed dramatically. What was once a fairly routine process now involves far deeper review of a building’s financial health, insurance, reserves, inspections, deferred maintenance, litigation, and special assessments.
Many buyers — and even some agents — are surprised to learn that a condo can be approved by the association and still face major lending obstacles. Today, lenders are scrutinizing condos more carefully than ever, and the requirements continue to evolve.
This is exactly why experienced guidance matters. Over the years, I have successfully helped buyers and sellers navigate many challenging condo transactions involving financing issues, reserve questions, insurance concerns, condo questionnaires, rec lease issues, special assessments, and lender conditions. The right preparation and strategy can make the difference between a closing and a contract falling apart.
Whether you are buying, selling, or simply trying to understand how these changes affect your property value and marketability, having knowledgeable representation is essential in today’s condo market.
