HOA180°
HOA document inspection for buyers, sellers and Realtors

Inspect the Property. Inspect the HOA.

A home inspection tells you what is happening inside the property. An HOA Document Inspection helps you understand what is happening around it, including the association's finances, reserves, upcoming repairs, special assessments, insurance, restrictions, deferred maintenance, and potential financing concerns.

Order an HOA Document Inspection See What We Review

$189 flat. One plain-English report.

Sample report only
HOA180 SnapshotExample
Special AssessmentsPossible Assessment Discussed
Reserve FundingReview Recommended
HOA DuesIncrease Noted
LitigationNone Disclosed in Documents Reviewed
Financing WatchLender Review Recommended
§1What it is

Understand the HOA behind the property.

HOA180 reviews the HOA document package for the property and delivers a plain-English report on what those documents say about the association's finances, reserves, repairs, insurance and restrictions. Your home inspector inspects the property. HOA180 inspects the HOA. We look for the things most buyers don't know to look for, so your HOA due diligence happens while there is still time to ask questions.

§2Who it is for

Built for both sides of the transaction.

Whether you are reading HOA documents for home buyers or reviewing HOA documents for sellers before listing, the goal is the same: fewer surprises in escrow.

Sellers & Listing Agents

Know Before You List

Do not wait for the buyer, their lender, or their HOA document review to uncover a concern halfway through escrow.

Reviewing the HOA documents before or when listing the property can help the seller and listing agent understand possible issues involving:

  • Special assessments
  • Upcoming HOA dues increases
  • Major repairs
  • Reserve funding
  • Insurance concerns
  • Litigation
  • Deferred maintenance
  • Potential financing concerns
  • Rental or property-use restrictions

Knowing these issues early gives the seller and listing agent an opportunity to prepare disclosures, answer questions, understand potential marketability concerns, and develop the appropriate transaction strategy.

Know what the buyer may discover before the buyer discovers it.

Buyers & Buyer's Agents

Do Not Stop at the Home Inspection

A buyer may receive hundreds of pages of HOA documents during escrow.

Most buyers do not have the time or experience to review documents such as:

  • Budgets
  • Reserve studies
  • Board meeting minutes
  • CC&Rs
  • Insurance information
  • Financial statements
  • Rules and regulations
  • Assessment information

HOA180 reviews the package and provides a clear, plain-English summary of the information that may matter to the buyer.

Your home inspector inspects the property. HOA180 inspects the HOA.

§3Sample HOA180 Snapshot

The first page of every report.

A one-page summary of what the documents show, followed by the items most worth your attention.

Sample report only
HOA180 PROPERTY SNAPSHOT
Special AssessmentsPossible Assessment Discussed
Reserve FundingReview Recommended
Major ProjectsRoof Replacement Discussed
HOA DuesIncrease Noted
InsuranceInsurance Issue Identified
LitigationNone Disclosed in Documents Reviewed
Deferred MaintenanceRepairs Discussed
Financing WatchLender Review Recommended
Rental Restrictions12-Month Minimum Lease
Sample report only

Top Items to Know

  1. Board meeting minutes discuss a possible roof replacement project.
  2. Reserve study identifies a significant upcoming capital expense.
  3. HOA dues have increased during the period reviewed.
  4. Insurance renewal or premium concerns were discussed.
  5. Certain items identified may warrant discussion with the buyer's lender before removing applicable contingencies.

These are example findings only and do not represent an actual HOA.

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§4What We Review

Ten areas where HOA surprises usually start.

Every report includes an HOA special assessment review and an HOA reserve study review, plus the other areas below. Open any category to see what we look for.

01Special Assessments

Review for information regarding:

  • Approved special assessments
  • Pending assessments
  • Assessments being discussed
  • Purpose of the assessment
  • Remaining assessment balances
  • Large upcoming projects that could create additional expenses
02Reserve Study & Reserve Funding

Review available information regarding:

  • Current reserve balance
  • Reserve funding
  • Reserve study date
  • Major components approaching replacement
  • Large expected expenses
  • Projected future repair obligations
  • Potential funding concerns identified in the documents
03HOA Budget & Financial Condition

Review available:

  • Operating budget
  • Income and expenses
  • Reserve contributions
  • Budget deficits
  • Unusual expenses
  • HOA dues
  • Proposed or recent dues increases
  • Financial statements
04Major Repairs & Deferred Maintenance

Review HOA documents for discussions involving items such as:

  • Roofs
  • Balconies
  • Decks
  • Waterproofing
  • Plumbing
  • Electrical systems
  • Elevators
  • Siding and stucco
  • Parking structures
  • Pools
  • Retaining walls
  • Common-area repairs
  • Other major association projects

HOA180 summarizes what is stated in the HOA documents and does not independently inspect or evaluate the physical condition of these components.

05Board Meeting Minutes

Review available meeting minutes for discussions involving:

  • Upcoming projects
  • Contractor proposals
  • Repair discussions
  • Special assessments
  • Insurance concerns
  • Legal disputes
  • Deferred projects
  • Repeated maintenance issues
  • Significant unresolved matters
06Structural / Inspection Information

If reports or related information are included in the HOA package, HOA180 may identify significant matters stated within those documents. This may include references to:

  • Required repairs
  • Safety concerns
  • Structural concerns
  • Balcony or deck issues
  • Government notices
  • Other significant inspection findings

HOA180 does not independently perform engineering, structural, or property-condition analysis.

07HOA Insurance

Review available insurance information for items such as:

  • Master insurance coverage
  • Cancellation notices
  • Non-renewal notices
  • Coverage changes
  • Significant deductibles
  • Significant premium increases
  • Other insurance concerns disclosed in the documents
08Litigation & Legal Matters

Look for references to:

  • Pending litigation
  • Construction defect claims
  • Mediation
  • Arbitration
  • Legal disputes
  • Settlements
  • Other significant legal matters disclosed in the HOA documents

HOA180 identifies and summarizes information contained in the documents reviewed and does not provide legal analysis or legal advice.

09Delinquencies & Collections

When available, review information concerning:

  • Owner assessment delinquencies
  • Collection concerns
  • Financial effects of unpaid assessments
  • Special assessment delinquencies
10HOA Rules & Restrictions

Review significant restrictions involving matters such as:

  • Rentals
  • Minimum lease periods
  • Rental caps
  • Short-term rentals
  • Pets
  • Parking
  • EV charging
  • Architectural changes
  • Flooring
  • Balconies and patios
  • Property use
  • Home businesses
  • Other significant use restrictions
§5HOA180 Financing Watch

Condo financing concerns, flagged for your lender.

Certain HOA conditions can affect more than future expenses or property use. They may also create questions for lenders reviewing condominium or HOA properties.

HOA180 identifies document findings that may deserve additional review by the buyer's lender.

Possible Financing Watch Items

Important: HOA180 does not approve loans or determine whether a property or HOA qualifies for Fannie Mae, Freddie Mac, FHA, VA, or any other lending program. The report identifies information contained within the documents reviewed that may warrant additional review by the buyer's lender or other appropriate professional.

Find potential financing concerns early, not three weeks into escrow.

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§6What You Receive

One report, organized to be read.

Each client receives a concise HOA180 Document Inspection report designed to make a large HOA document package easier to understand. The report may include:

Hundreds of pages. One clear report.

§7Documents We Review

A condo document review starts with the full package.

HOA180 reviews the key HOA documents provided with the transaction to identify important financial, operational, and community information that may affect a buyer or seller. Documents reviewed may include:

  1. CC&Rs and Bylaws
  2. Rules & Regulations
  3. Annual Budget
  4. Financial Statements
  5. Reserve Study
  6. Board Meeting Minutes, generally up to 12 months
  7. Insurance Summary
  8. Assessment Information
  9. Annual HOA Disclosures
  10. Rental and Use Restrictions
  11. Other relevant HOA documents provided with the package
§8Information Reviewed

What the report is based on.

Our review is based on the HOA documents provided to us.

HOA180 summarizes key information found within those documents to help buyers, sellers, and real estate professionals better understand the association.

If information relevant to our review is not available in the documents provided, we may identify it as an item for further inquiry.

HOA180 does not represent that every possible HOA document has been provided or perform an independent audit of the completeness of the HOA disclosure package.

§9Built for Real Estate Professionals

A Realtor HOA document review your clients will actually read.

HOA180 helps Realtors understand the HOA behind the property before a concern becomes a transaction problem.

For Listing Agents

Use the report to help:

  • Prepare before listing
  • Identify potential transaction concerns
  • Ask the seller better questions
  • Prepare for disclosures
  • Anticipate buyer questions
  • Anticipate lender questions
  • Better understand HOA-related marketability concerns

For Buyer's Agents

Use the report to help:

  • Support the buyer's due diligence
  • Identify questions that need answers
  • Understand upcoming HOA expenses
  • Review significant restrictions
  • Identify potential financing concerns
  • Give buyers a second set of eyes on hundreds of pages of HOA documents

Help your client understand the HOA they are buying into, not just the property they are buying.

Related reading: what is in a governing document package, what California law requires the association to disclose, what an underfunded reserve actually means, and how your data is handled. Or talk to us about arrangements for agents and teams.

Order for a Client
§10Order your HOA Document Inspection

$189 HOA Document Inspection. One Report. Know Before You Buy or Sell.

$189 flat rate

Upload your HOA documents.

Submit the property information and documents, then securely complete payment with Square.

Securely processed by Square. HOA180 never sees your full card number.

Service scope: HOA180 provides an independent summary of HOA documents provided for review. Our service is informational and is not a legal, engineering, accounting, insurance, property inspection, appraisal, or lending determination. Buyers and sellers should consult the appropriate professionals regarding specific concerns identified in the report.

Know Before You Buy. Know Before You Sell.

The condition and operation of an HOA can affect future expenses, property use, financing, and the transaction itself. Get a professional second look at the HOA documents before important decisions are made.

Order Your HOA Document Inspection Questions? Contact HOA180 (949) 881-7071