Association Home Buying & Home Selling ~ Homeowner Association Video

By
Real Estate Broker/Owner with Preferred Home Brokers 00402040

Whether your home buying or home selling in a homeowner association, it's import to understand the process and how that may vary depending on the laws of your state.

As a buyer of a home, townhome or condo in a planned unit development, i.e. a homeowner association it's important you know and understand your obligations and responsibilities when it comes to the association.

If you're the home seller (and again it depends on the laws/requirements of your state and your contract) you normally provide you buyer with:

  • CC&R'S, the Recorded Covenants, Conditions & Restrictions
  • Association Bylaws & Articles of Incorporation
  • Rules & Regulations of the Association
  • Association Financials
  • Minutes of the Association Meetings

Check out this association home buying and selling video:

As a home buyer you want to review the association financials including the reserves. Also view (if available) the minutes of the monthly meetings. That could give you an overview of what has taken place within the association possibly impacting the value.

If you're a home seller now or in the near future, check out and bookmark HomeSelling101.com, it's a great place for home selling help and tips including more videos!

If you're looking to buy or sell a Southern CA home contact me, Lynda@PreferredHomeBrokers.com. Or text or direct at (714) 595-1494. You can also call and speak with any of the Preferred REALTORS at (714) 990-6060. At Preferred Home Brokers, we've been serving home buyers and sellers now for decades with traditional values and today's technology. We'd love the opportunity to earn your business!

-CA Broker's License #00402040

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Gail C. Harris 01/13/2011 10:12 PM
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homeowner association video
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Ambassador
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Lynda - you are really getting good at your videos. It's a much more telling way to share information that having someone read it. Like your new site!

Jeff

Jan 02, 2011 05:50 AM #1
Rainmaker
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Lee & Carol Barbour, REALTORS
Murphy and Hayesville, NC; Hiawassee, Blairsville, Blue Ridge GA - Murphy, NC
Mountain Living Team in Murphy NC and North GA

Another great informative and professional video, Lynda!

Jan 02, 2011 11:26 AM #2
Rainmaker
554,930
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA, Orange Co

Hi Jeff ~ Thanks & good hearing from you. You probably know that Gregg help create my new home selling site.

Lee & Carol ~ Thank you!

Jan 02, 2011 12:57 PM #3
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Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Lynda  I agree with Jeff - you have really mastered videos - we are just starting

Jan 04, 2011 08:12 AM #4
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Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Lynda another great video. 12 months of minutes that one is new to me.

Your video is very informative for both buyers and sellers

Jan 04, 2011 03:09 PM #5
Ambassador
1,543,749
William Johnson
Retired - La Jolla, CA
Retired Real Estate Professional

Hi Lynda, You are becoming the master of the video and do it so well. I dropped on to your other site HomeSelling101.com

 

I dropped over hoping to see some of the photos of this years Rose Parade. I saw parts of it but I get ansy sitting in front of the TV, especially in the daylight hours, LOL.  

 

Jan 06, 2011 07:44 PM #6
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Pat Haddad, ABR, CRS, ePRO, GRI
Keller Williams Indianapolis Metro NE - Carmel, IN
Carmel, Fishers, Westfield IN Real Estate Expert

Lynda--I am really impressed with all of the videos you do.  Would you consider coming to Indiana to teach me?  No, I didn't think so.  Don't blame you--only got up to 20 degrees here today.  HOA info, CCRs----most sellers do not know and I will admit, I do not always discuss this with sellers.  Your presentation is great!

Jan 08, 2011 05:59 PM #7
Rainmaker
554,930
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA, Orange Co

Hi William ~ Thanks for the nice comment and dropping by my new site, It's a work in progress, but what isn't.

Pat ~ Thank you, I'm working on improving and I know u will do just fine on yours. I'm trying to create a very short series of issues buyers and sellers face during the home buying and selling process. As we explain things at times some things just don't sink in, there is so much to deal with. This way when we discuss it, (or even in advance) I send them a link that way they can view the info again at a time that's good for them.

Jan 09, 2011 07:18 AM #8
Rainmaker
643,757
Marchel Peterson
Results Realty - Spring, TX
Spring TX Real Estate E-Pro

Lynda, I'm with William you are becoming a master at these videos.  Interesting how different states handle different things.  Here in Texas we have a form where we can request those items or we can mark a spot that says we don't require them.  It is easy to get them from a title company but the associations can charge quite a bit of money to the seller to get them otherwise.

Jan 12, 2011 02:41 PM #9
Ambassador
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Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Lynda, You are such a  professional!

 I would hire you to do my videos if only I could afford you!

Margaret

Jan 14, 2011 03:26 AM #10
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Lynda Eisenmann

Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA, Orange Co
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