Inspect HOA

Great product! was about to buy a condo till i looked up the place here and found the place's HOA fees were completely unreasonable and had some outrageous clauses about get-togethers. Saved me from making a terrible mistake which i would have had to live with for years and spend thousands of dollars over

Buying a condo is stressful. When I bought my first place, I had no idea that a Home Owners Association (HOA) plays such an important role in the building. I just assumed that if other people live in the building, it must be fine. I was wrong! My condo's HOA was poorly run. They lacked reserves, carried insufficient insurance coverage, and the building manager was stealing from the HOA. Five years later, my HOA dues are up 35%. How did I not see this coming ? Why didn't my agent or my attorney warn me? Of course this is an extreme case. Many HOA's are well managed and have robust finances. When buying a condo, most people don't have the time to read hundreds of pages of HOA documents. Agents or attorneys won't or can't read financial statements of a complex organization. This is the problem I wanted to solve. With InspectHOA, our algorithms read HOA documents, and then compare financial and operational data to neighboring buildings. Our algos ask questions such as - Is my building overpaying for snow plowing? Are other buildings keeping more reserves than my hoa? To keep things simple, we aggregate all of this information into a final score. You get the idea. We are like Carfax but for HOAs. AI + financial data analysis => Estimate of your HOA's health. People put their life savings into their homes - InspectHOA is a small but important step in the home buying process to protect your hard earned capital.

PH users please use coupon code PF2019 to order reports for $1 per report (regular price is $99)