Top 10 HOA Issues in Condo Sales
You’ve found the perfect condo—great location, checks all your boxes and has HOA dues you can handle. Next up? Digging into the disclosures and evaluating restrictions and HOA details.
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HOAs
The ABCs of HOAs
Condo HOAs can be complicated. Here’s a look at the basic homeowners documents and what they all mean.
Top 10 Questions to Ask About a Condo HOA
Know all the basic facts about an HOA before you move ahead with a condo offer.
New Law Requires Fidelity Bond Insurance for All HOAs
A new law took effect in 2019 that requires all homeowners associations (HOAs) to carry what’s called Fidelity Bond insurance. This policy basically protects the HOA from actions taken by board directors and officers, such as transferring money in and out of HOA accounts.
My Top 5 Condo Deal Breakers
You’ve spent three hours looking at various real estate Web sites and have narrowed down your favorites for this weekend’s open house touring. In the…
Pre-Foreclosures, Short Sales Weaken HOAs
Condo complexes and homeowners associations (HOAs) can be complicated entities in this day and age. A building with high short sale—and pre-foreclosure/foreclosure— levels can sometimes indicate a troubled HOA.