By Jan Bergemann

Published January 28, 2022


The collapse of the Champlain Towers South has changed a lot in the condo world. New laws, new insurance policies and higher premiums and new rules for loans and mortgages are being discussed or are already in the books.


Fannie Mae and Freddie Mac created new rules (starting January 1 and February 28) that makes it a lot more difficult to get government backed loans and mortgages.


The questionnaires are a lot more complicated and contain now questions that ask for deficiencies regarding safety, soundness, structural integrity and habitability of the building.


A lot of the older condo buildings here in Florida will be soon looking for loans to take care of necessary expensive structural repairs since they failed for many years to add reserve funds to their budgets. But now, when the money is desperately needed, you find only a very few banks here in Florida still willing to give loans to these associations. And if these associations are unable to get loans to pay for the necessary repairs there will be only one way to get the funds to pay for these repairs: SPECIAL ASSESSMENTS!


Our legislators are in the moment discussing the possibility of making reserve funding mandatory. But some legislators are already on record in opposition of mandatory reserves. Their argument: Many owners, especially retired folks living of social security, will not be able to pay for these increased monthly maintenance fees.


Ever thought of this? If an owner is unable to pay much increased maintenance fees how would he/she pay for a huge special assessment necessary because there are no reserve funds?


And then we’ll see again the foreclosure law firms at work, foreclosing on the units and kicking these folks out of their homes. Is that what we want?


Haven’t we learned anything?

HTML Comment Box is loading comments...
Jan Bergemann Jan Bergemann is president of Cyber Citizens For Justice, Florida 's largest state-wide property owners' advocacy group. CCFJ works on legislation to help owners living in community  

associations. He moved to Florida in 1995 - hoping to retire. He moved into a HOA, where the developer cheated the homeowners and used the association dues for his own purposes. End of retirement!


CCFJ was born in the year 2000, when some owners met in Tallahassee - finding out that power is only in numbers. Bergemann was a member of Governor Jeb Bush's HOA Task force in 2003/2004.


The organization has two websites to inform interested Florida homeowners and condo owners:

News Website:

Educational Website:

We think that only owners can really represent owners, since all service providers surely have a different interest! We are trying to create owner-friendly laws, but the best laws are useless without enforcement. And enforcement is totally lacking in Florida !

Join the 

CCFJ Email List

For Email Marketing you can trust