Condominium Governance Form

I seem to have neglected the condo market in both Merritt Island and Viera. Effective in Jan of 09 if you write a contract to purchase a condo you should be given a copy of the “Condominium Governance Form” this form tells you about the owner’s rights, voting procedure, board procedure and etc. Ask your agent if they do not provide you with this form.

With the mortgage rates at the lowest point in 30 years if you plan on moving to our area,
This could be a good time to look. Even if you are looking for a winter place, winter golfing residence or if you have a student in this area the buys on the table are hard to ignore.

You can still spend as much as you desire to be on the water or for a couple of million you can have various penthouses with fantastic views of the Indian River.

A couple of my favorite condos on the market are as follows:

A 2 bedroom 2 bath unit 1122 sq ft located on the Rockledge Country Club is in foreclosure and listed at $62,900.

A 3 bedroom 2 bath unit 1376 sq ft located in Viera very close to the Viera East golf course is now listed in foreclosure at $69,900.

There is also a never lived in foreclosure on the water in Merritt Island with 2122 sq ft, 3 bedrooms 2 baths beautiful views and listed at $274,900.

I hope you all have a happy and very prosperous 2009!

Jim Bagwell