One of the very first things you should be doing when entering into a contract for the sale and purchase of real estate is to make immediate contact with the homeowner's association. Not only may there be a formal approval application process that by Florida law can take up to 30 days you will also want to get copies of the community rules and regulation, review budgets, learn about any current or upcoming capital expenditures, etc. It is crucial that you educate yourself about these things during your inspection period so if you see anything you do not like you still have the option to do something about it. Speaking with the property manager can be a very informative discussion and again should be one of the very first things you do when entering into a contract.
Best of luck and if I can offer anything additional please let me know.
Always at Your Service,
Tom Priester e-PRO
"Results Driven Real Estate"
Keller Williams Realty
Don't let your realtor discourage you from calling the HOA.
Tomorrow morning give them a call. Tell them you are planning to buy a home in their community and you want to know all the rules and regulations. These are the rules you will have to live by, and its important for you to know what they are.
Good luck to you.
Understanding HOA rules and restrictions is an important part of your due diligence. Yes, your agent should be helping you with this. If you cannot get the info from the agent, I would check with people in the community. You may have to knock on a few doors, but it should not be hard finding someone with the phone numbers. If you want to do this from the comfort of your living room, go to the link below and click on the "Address and Neighbors" link at the top of the page. Put in the address of the condo you plan to buy. You should get information you can use to find someone with HOA contact info.
Prudential Real Estate of the Rockies
HOA Contact information. Not an excuse- just an explaination.
None- the- less you need this contact Info! You also need
to review the relevant Association " Doc's" in print!
If these are not made available or the Association's copy fees
are excessive the link below may be helpful
Sad to say, but not all agents are focused on the items that
buyers require- to move forward on properties in
Community Associations! " Doc's" and Current Financials are
"must-reading" ! No matter,-Just make all offers subject to your
review and approval of " same" . If you need further Info,
Contact me directly -Glad to help!
Bob Brubaker Highlight Realty Palm Beach County Fl. 561-876-6649
Realtor and Licensed Community Association Manager
I always give the HOA contact information to my clients and I also call the HOA myself because there are always questions. I don't understand why your realtor would do that, but not every realtor works the same way.
East Coast Realty Group
Boca Raton, FL
If you are going to do it; I would tell you to go out there, walk the streets and talk to the residents, your new neighbors, and ask them about living there. I wouldn't believe the HOA if they had one hand on the Bible.
Some HOAs are financially un-sound and mismanaged; something to ask about.
Some HOAs are dictatorial and unreasonable; something else to ask about.
Did the Seller DISCLOSE anything about the HOA? Did the Sellers live there?
Good luck, you're gonna need it!
On a side note, GENERALLY speaking property managers and those who work for them are not the most helpfull and/or friendly people. Again, not all, but many. It is possible that your agent may be protecting you from those unfriendly people so as to not to give you a bad experience during your purchase.