Insight Financial Consulting LLC provides homebuyers with a concise 1- to 3-page financial review assessing the financial health of their homeowners association (HOA). We take all of the financial HOA documents you receive from the sellers and highlights the important information. The report evaluates the likelihood of special assessments and rising dues, helping buyers avoid unexpected financial surprises after their purchase.

A homeowners association (HOA) is a private organization that manages and enforces rules for a residential community, such as a condominium, townhouse, or single-family neighborhood. HOAs are typically governed by a board of residents and funded through mandatory dues paid by homeowners. HOA’s typically hire a management company to run the operational aspects. Every HOA is different, but they usually are responsible for at least one of the following; maintain common areas, oversee community aesthetics, and enforce covenants, conditions, restrictions (CC&Rs) to preserve property values. While HOAs provide benefits like amenities and maintenance, they also have the authority to impose fees, fines, and special assessments to cover expenses, making it essential for buyers to understand an HOA’s financial health before purchasing a home.

Yes, Insight can usually review the financial health of a metro district in the same way we review homeowners associations (HOA). As long as the financial data is available, I will do my best to highlight important aspects. Metro districts can be different from HOAs so it is handled on a case by case basis.

The price of my service is a one-time $150 fee.