What should I look for in a North Bay Village condo association's budget?
Four lines tell the story: the reserve contribution (10% of budget minimum for conventional eligibility today, 15% from January 2027), the insurance line (the biggest and fastest-growing number), any special-assessment income (past assessments = history, planned = future), and the delinquency rate (over ~15% blocks most lending). Every North Bay Village association of 25+ units must post its budget online now — read it before you offer, and we will read it WITH you, free.
Read from HUD’s condominium list, the VA condominium report, FL DBPR filings and county registry and building records, compiled 2026-08-08. Figures describe what was on file that day; a missing filing is recorded as unconfirmed rather than as a finding, and conventional (Fannie/Freddie) standing is not publishable in either direction.
Not legal or financial advice · Not affiliated with any government agency