This new video 'HOA 101 For Real Estate Agents' is helpful for the public too (produced by HOA Savers LLC). It's basic info, but info that hasn't been presented in any real estate classes I've ever seen.
Click here to see the video: HOA 101 For Real Estate Agents
The information is based in AZ, however problems in HOAs are common in the US.
This beginner video helps everyone look at HOAs better; the condition of the community, the cost to maintain, the reserve study, and undisclosed violations. It also mentions that if an owner has an HOA problem that they can't get resolved, they are left having to hire an attorney.
For more information you can view the following links:
HOA Industry Advisory, HOA Industry Survey & Survey Results You may want to send the Survey Results to your legislators.
HOA Report 'Buying Into An HOA With Your Eyes Wide Open'
HOA Video 'HOA Abuse of Authority'
If we can't get laws equalizing the power, giving owners more rights and protections...we can change the industry via education. Knowledge is power. Thank you for viewing the materials listed above, and sharing the information with your real estate agent, friends and neighbors.
Comments(4)