STUART, Fla. — A condo owner from Stuart is turning to WPTV to help her efforts to bring condo associations together from the Treasure Coast to Palm Beach County.
"We need to do something, and we need to do it now," Darlene VanRiper said. "It is time to rally together. You'd be amazed what people can do when they're united."
She attended WPTV's live Coverage Collapse Town Hall last week, where she spoke with WPTV reporter Joel Lopez at our Let's Hear It tent outside.
"Just seeing the people there that you all interviewed and the people that stood up and voiced their opinion, we know we can get something done," VanRiper said.
She has formed what she's calling the Treasure Coast Condo Alliance to take on the Structural Integrity Reserves Study (SIRS) that condos in the state will have to face by the end of the year.
"We've seen that this legislation can happen pretty much overnight. It was forced upon us. We are hiring a lobbyist so that we will have a voice at the table," VanRiper said. "We really need to let them know what the practical problems are."
Condo associations from the Treasure Coast to Palm Beach County are welcome to join.
Real Estate News
Could Florida condo owners get relief anytime soon?
"When you consider everything that people have on their plate right now, inflation, insurance and now this? It's unsustainable," VanRiper said.
She is a resident at Harborage Condos and on the board of the building's condominium association.
VanRiper said an engineer came out and recommended $6,480,000 worth of repairs to the buildings to meet SIRS needs.
She said that'd average an extra $3,000 more per resident every month.
"If those fees keep going up like that, I'm not sure if I can do it," resident Candy Raulerson said. "I would have to budget and rethink everything."
She said she is a small business owner that runs her own mortgage company.
"If we don't voice our opinions to the state, how are we going to make a change?" Raulerson said. "You think about seniors too. ... It's going to impact them greatly. I can't imagine them being able to afford it, somebody living on Social Security."
Real Estate News
What Florida's CFO told WPTV about Florida's condo crisis
VanRiper said hiring a lobbyist would come with about a $1,000 fee per resident, but that they would also represent them when it comes to insurance issues, vendor issues and other long-term situations.
If you'd like your condo association to join, email TreasureCoastCondoAlliance@gmail.com or contact VanRiper at 772.285.7447
Matt Sczesny is determined every day to help you find solutions in Florida's coverage collapse. If you have a question or comment on homeowners insurance, you can reach out to him any time.
Read WPTV's latest "Coverage Collapse" stories below:
-
Americans owe $18.59 trillion, with credit card balances climbing
U.S. household debt hit a record $18.59 trillion in Q3, driven by rises in mortgage, credit card and student loan balances, with delinquencies still high.
Gig workers, young adults could face sharp premium hikes if ACA subsidies expire
Younger adults and gig workers could face some of the steepest increases in health insurance costs when federal premium subsidies for Affordable Care Act plans expire at the end of 2025.
Considering rent-to-own furniture? Listen to this woman's warning first
That "affordable" rent-to-own furniture may not be worth it, according to a woman who says she fell into the rental trap and now has lost everything she bought.
Why nearly 50% of Floridians are considering leaving the state
The rising cost of living in Florida is prompting about half of the state's residents to consider leaving the state.
