Do not sign anything until you download our 27 page FREE Yuma Townhome Buyers Guide. You will learn:
Is a townhome right for you?
5 things you can do before you even look at the property with your real estate agent to determine if you should go any farther.
Red flags to look for before you even call the home inspector out to take a look.
7 items you want in writing from the homeowner association...nobody is going to volunteer this information but it's your right to have it.
How you may be breaking association rules before you even move into the property...and why it might hit you hard in the wallet later.
6 areas you need to investigate before you sign anything...not knowing the answer to these questions can put your financial future in danger!
Does the homeowners association have adequate insurance? Do they have these three types of insurance
in adequate amounts?
Is the the replacement fund adequate? What you need to ask to avoid getting socked with a large assessment.
Are there currently or have there ever been any homeowner association special assessments? Should you walk away if there are? Find
out what you need to ask.
Is the homeowner association involved in any litigation? What to do if they are.
Has the homeowner made any modifications to the property and were they approved by the association? If they
did and they weren't approved...you may be responsible for correcting any modification so they do conform. What you need to ask and get
from the homeowner association.
What to look for in the homeowner association documents and what to do if this information isn't there.
WHY ARE WE RELEASING THIS?
The report was prepared by a former homeowner in a condo community and homeowner's association board member.
Through the school of hard-knocks he learned the sometimes secretive inner workings of homeowner associations. While many condo/townhome communities
are well run and great investments, some are utter disasters....and it's difficult to tell which is which until you've already moved in.
We are test marketing this report to determine the level of interest in the topic of Homeowner Assocations. The download will be available for a limited period of time.
All we ask in return is your honest assessment of the material via email.
GET THE REPORT NOW
GET THE REPORT NOW
REAL ESTATE NEWS
1 Apr 2008
RSS feeds have changed. -
Please contact the Inman News Syndication Department to receive information on how to put our news on your website.