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A heads up as to what? The HOA document package is often 600 pages. There are often 50 pages of rules. The vast majority of people will never have trouble with any of it. But I can't tell what your needs are...
I can get you the book. I can mostly answer specific questions. But I cannot paraphrase a 600 page legal document into a short conversation.
Read it. If you don't...don't complain .
I handle all the rational needs of my clients. I even handle many of the irrational ones. They are my source of future revenue and I treat them very well.
Now if you hired a stupid agent who does not understand that...well...
Chanced across this illustrating the bad neighbor problem. It is about as extreme as our target HOA...
Neighborhood wary as ex-parolee moves back in - Sacramento News - Local and Breaking Sacramento News | Sacramento Bee (http://www.sacbee.com/topstories/story/2278115.html - broken link)
You may have to register but it is an innocuous site.
Hmm IDK I might consider this guy a "good" neighbor. I'd be pissed if someone was running an autobody shop out of their home too. He had every right to report them. We don't really know his story. Hope he can enjoy his home again. It does remind me of the Eastwood movie.
You give each of your clients a detailed analysis of the HOA docs on each property they express an interest in GD? That is what this guy wants.
So you think a conservative Realtor would give it to him?
I'm a conservative Realtor so here goes.... most HOAs around here charge $100 to $300 to provide a set of Docs to a buyer which is nothing but a money making ploy since most now come on a CD and not paper. The state I believe is trying to pass laws so the Docs are posted on line.
We cannot get current docs without incurring an expense.
But the great state of TX does give the buyer the unrestricted right to terminate a contract for 7 days once they get the documents. I'm not real crazy about that 7 day period but the buyer can't say they were not given the ability to walk.
Funny, very few buyers actually read those HOA documents.
I'm a conservative Realtor so here goes.... most HOAs around here charge $100 to $300 to provide a set of Docs to a buyer which is nothing but a money making ploy since most now come on a CD and not paper. The state I believe is trying to pass laws so the Docs are posted on line.
We cannot get current docs without incurring an expense.
But the great state of TX does give the buyer the unrestricted right to terminate a contract for 7 days once they get the documents. I'm not real crazy about that 7 day period but the buyer can't say they were not given the ability to walk.
Funny, very few buyers actually read those HOA documents.
It's really relatively easy to get the restrictions, which is what most buyers really want to read - many of them are online already and sometimes the listing agent has been pro-active (knowing that they'll need them anyway for ANY sale) and gotten a copy already.
If you depend on the 7 day period after receiving the docs, your buyer has most likely already spent money on the inspection. Having the docs required to be online would be a good thing, I would think.
I'm a conservative Realtor so here goes.... most HOAs around here charge $100 to $300 to provide a set of Docs to a buyer which is nothing but a money making ploy since most now come on a CD and not paper. The state I believe is trying to pass laws so the Docs are posted on line.
We cannot get current docs without incurring an expense.
But the great state of TX does give the buyer the unrestricted right to terminate a contract for 7 days once they get the documents. I'm not real crazy about that 7 day period but the buyer can't say they were not given the ability to walk.
Funny, very few buyers actually read those HOA documents.
No no...for goodness sake any RE Agent does that. GD appears to be implying that conservatives ones read the thing and develop a 10 page synopsis reflecting the wants and needs of each client. Don't you do that?
It's really relatively easy to get the restrictions, which is what most buyers really want to read - many of them are online already and sometimes the listing agent has been pro-active (knowing that they'll need them anyway for ANY sale) and gotten a copy already.
If you depend on the 7 day period after receiving the docs, your buyer has most likely already spent money on the inspection. Having the docs required to be online would be a good thing, I would think.
In NV and many places the docs have to be current. Need the latest board meeting for instance and the latest version of the rules. The only way I know to get this practically is to constantly monitor the HOA or get them from the HOA. Given the hundreds of HOAs here I don't think I am going the monitoring route.
I too would love to see the current docs maintained on line in the public view. I can however hear the cry from the HOAs "We are being forced to maintain documents for the benefits of those RE Agents who don't want to compensate us for the costs"
I remain amazed though that the "conservative" RE Agents have time to do custom analysis for each client of each HOA. That is really nice for the client.
I'm amazed that some folks seem to insist on bringing politics into every aspect of every discussion, as if that were the only Really Important Thing That Matters.
Could we please just NOT have politics dragged into everything?
With all due respect, I think any decent agent would provide HOA docs, whether they incur a cost or not. That's part of doing business and you are self employed. I don't see anything political about it. My agent demanded the listing agent provide them. We had to ask twice as the first time he sent an incomplete copy. Turns out they are also online.
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