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Old 07-13-2012, 02:53 PM
 
Location: googleview CA
84 posts, read 199,418 times
Reputation: 33

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I'm looking at properties located in Los Lagos, Granite Bay, CA for possible 1031 exchange from our Sunnyvale rental property. We would like to eventually move away from the Bay Area after perhaps 2-3 years time into the exchanged property after renting it out for several years.

Where do I find info on Los Lagos HOA? Do HOA allow investment property? My husband has always been wary of HOA but the properties in Los Lagos seem quite ideal for our purpose.

Thank you in advance for any info.
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Old 07-13-2012, 04:16 PM
 
Location: Mostly in my head
19,636 posts, read 53,495,108 times
Reputation: 18548
Can't answer you specifically but most HOAs have a limit on the number of units/houses that can be rented vs owner occupied. You would need to check this particular one. Find the management company and give them a call.
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Old 08-24-2012, 06:38 PM
 
Location: Barrington
41,862 posts, read 31,725,984 times
Reputation: 14079
Call the property manager.


If you intend to pursue, make sure you familiarize yourself with your rights to information, before you buy, under California law.
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Old 08-25-2012, 09:33 AM
 
2,393 posts, read 4,860,508 times
Reputation: 4511
Write a contingency into your offer that you must receive HOA documents in __ weeks and that you have a week to review them. Contract to be cancelled if you don't approve.
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