The Homeowner Association (HOA) is Legally Part of the Home
HOA’s have governing documents, rules, policies, and fines.
You cannot ignore the HOA after closing if you don’t like it .
Choose your level of protection from future surprises.
We offer three levels of review. Every buyer doesn’t need the same depth of analysis,
but every buyer deserves to make that choice with clear information.
Report A:
HOA Disclosure Document Checklist – $75
We analyze the documents provided in your HOA Disclosure package to determine
if the package includes the 33 legally required disclosure items (35 items if
new construction).
We provide a checklist of documents:
– Received,
– Received but out-of-date or invalid
– Documents that are missing
You can provide the checklist to your agent to request the missing documents.
Document contents are not reviewed.
if the package includes the 33 legally required disclosure items (35 items if
new construction).
We provide a checklist of documents:
– Received,
– Received but out-of-date or invalid
– Documents that are missing
You can provide the checklist to your agent to request the missing documents.
Document contents are not reviewed.
Report B:
Reserve Study Review – $125
Review the HOA’s financial risk:
– Provide HOA’s projected annual increase to the HOA Dues.
– Determine the level of Reserve Funding
– Determine the current and future Deficiency $ per Unit according to the
Reserve Study funding plan. This is money you could be asked to pay
in the future.
– Flag the risk for Special Assessments due to future repairs.
– Questions you should ask before releasing your HOA contingency.
– Provide HOA’s projected annual increase to the HOA Dues.
– Determine the level of Reserve Funding
– Determine the current and future Deficiency $ per Unit according to the
Reserve Study funding plan. This is money you could be asked to pay
in the future.
– Flag the risk for Special Assessments due to future repairs.
– Questions you should ask before releasing your HOA contingency.
Report C:
Comprehensive Disclosure Package
Review – $450
If you don’t have time or desire to read hundreds of pages of disclosure
documents, this comprehensive report is for you!
This report includes everything in Report A and Report B plus a high level
review of the governing documents, rules, policies use restrictions, owner
responsibilities, architectural approval guidelines for improvements,
deductible on the master insurance policy, and more.
The comprehensive review also includes a 45 minute phone conversation
with you and your agent to review the findings and answer your questions.
documents, this comprehensive report is for you!
This report includes everything in Report A and Report B plus a high level
review of the governing documents, rules, policies use restrictions, owner
responsibilities, architectural approval guidelines for improvements,
deductible on the master insurance policy, and more.
The comprehensive review also includes a 45 minute phone conversation
with you and your agent to review the findings and answer your questions.