Many HOA’s are in financial trouble because of foreclosures, short sales and the economy. The HOA’s are passing along higher fees and special assessments on to current home owners within a community. Many times it’s hard to find out about these problems when a buyer is under contract with a home in a HOA community because there are no meeting notes about the issue. Why are there no meeting notes or documentation? To find out watch this week’s market update with Fuller Sotheby’s International Realty Agent Dan Polimino.

This entry was posted on Wednesday, July 14th, 2010 at 10:00 am and is filed under Buying, Buying First Home, First Time Home Buyers, Foreclosures, Housing Market, Luxury Home Market, Real Estate and Internet, Short sales, The Economy, The Market. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.