Is your realtor a jack of all trades? Probably not.
Buying a home with a home owners association (HOA)? Your real estate agent is a great resource—but when it comes to HOA financials, most realtors simply don’t have the expertise to spot red flags.
That’s where Insight Financial Consulting (IFC) comes in. We analyze HOA financials so you don’t end up with unexpected costs, rising fees, or a home that’s harder to sell down the road. We partner with realtors who want to build long and trusting relationships with their clients. Ask yourself, would you rather work with a realtor who admits when he does not know the answer to your question? Or one that will give you the answer to want to hear so the sale goes through?
Here’s why you need more than just a realtor when buying in an HOA community.
Realtors Focus on the House, Not the HOA’s Finances
Real estate agents are experts in home values, negotiations, and market trends—but HOA financials require a different skill set.
A realtor can tell you:
If the home is priced fairly
What similar homes in the area have sold for
How to negotiate a great deal
But they won’t tell you:
If the HOA has enough reserves to avoid special assessments
Whether rising fees could make your home harder to sell
If the HOA is mismanaged and headed for financial trouble
A home is more than just four walls. If the HOA is unstable, your investment is at risk.
Special Assessments & Rising Fees Can Blindside You
Imagine buying a home and six months later getting hit with a $10,000 special assessment or maybe HOA dues increase $400 a month because the HOA didn’t plan ahead. It happens all the time.
Common HOA financial problems include:
Underfunded reserves, leading to surprise assessments for repairs
Recent natural disaster resulting in depletion of reserves
Poor budgeting, resulting in HOA fee hikes that eat into your budget
Most realtors don’t review reserve studies, balance sheets, or cash flow reports—but at IFC, that’s exactly what we do.
Before you buy, you need to know: Is this HOA financially stable?
HOA Financials Are Complex—And Realtors Don’t Analyze Them
Most states require HOA disclosures and financials, but let’s be honest—these documents are long, complicated, and full of financial jargon. It is ultimately up to the buyer, not the realtor, to fully vet the HOA financials.
Realtors typically only check for:
One off HOA fees or special assessments
General community upkeep
At IFC, we dig deeper and check for:
Reserve fund health
Risk of special assessments or future HOA dues increases
Overall financial stability
Don’t just assume everything is fine because you got the HOA docs—get an expert to review them before it’s too late.
Protect Yourself With an HOA Financial Review Before Closing
Your realtor is an essential part of the home-buying process—but when it comes to HOA financials, you need a specialist.
IFC provides expert HOA financial analysis so you can:
Avoid surprise fees and assessments
Know if your HOA is financially stable
Protect your investment
Buying a home with an HOA? Let’s talk. Contact me today.
