Two things here that answer questions we get asked a lot. Both are free and open to anyone. No account, and no fee.
Scoring the HOA Documents
If the home you are buying has a homeowners association, the HOA documents arrive during escrow: the budget, the reserve study, the insurance summary, the board minutes and the rules. The scorecard asks twelve questions those documents answer. Each question names the document to open and where in it to look, and your score fills in as you go, so you can start with the figures you have and add the rest as you find them.
A mortgage lender reviews the building as well as the borrower. Your score shows what a lender is likely to ask the association for, which gives you a list of questions to settle while your contract still gives you time to cancel.
The twelve questions come from California law and from the standards lenders use nationally. Nothing you type into the scorecard is stored or sent.
Open the scorecard. If the HOA documents are new to you, start with how the scorecard works: which documents to have ready, where each of the twelve thresholds comes from, and what your score means.
Home Valuation
Tell us about the property and we send back a valuation report. The form asks for the address, the property type and how to reach you.
What is coming
We add a tool when a question comes up often enough that a tool answers it better than an email does. A buyer cost calculator is in progress, and it will appear on this page when it is ready.
Buying, selling, or still working out whether the South Bay is where to set down roots? Neil Chhabria, Broker. 310.798.3122. [email protected].
Have a question about this? Neil answers personally.