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Full Disclosure Please of Any and All Fees in Colorado Springs
 
My buyers called me all excited about a home listed in a certain area they want that didn't have the usual HOA fees.  I read the listing sheet and sure enough no where on the listing is a monthly fee mentioned.  Now I'm very familiar with this area and I know the homeowners pay $142 a month which includes their water fee and access to a recreational center that is managed by the district. 
 
My first call is to the agent to find out if maybe they have won the lottery and managed to list a home exempt from the fees in this area.  Sure enough they claim there is no HOA, and no fee that they are aware of.  Now some buyer's agents might stop there and take the word of the listing agent.  But I go with my gut and my gut instinct told me to dig deeper. 

 
The next call was to the water management company to find out if indeed this home is exempt from the HOA.  They referred me to the HOA management company (not listed on MLS) After researching from the tax records as to which zone they were in we could therefore ... more

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