HOA Certification for Re-fi question - Posted by Obi

Real Estate Investing Real Estate Financing
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Posted by Tim Fierro (Tacoma, WA) on March 06, 2002 at 10:38:03:

If the HOA is anything like the condo associations here (usually the property management company), the price can vary. One complex I know of charges $150 for the paperwork and they give you all the minutes up to date.

I am near Seattle, WA; so this price would be fair here.

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HOA Certification for Re-fi question - Posted by Obi

Posted by Obi on March 05, 2002 at 19:42:33:

I’m in the process of doing a re-fi, is it customary for lender to require an HOA certification? I am being required to pay a $75 fee by the management group just for them to fill out this form. Is this a normal process? Please advise. Thanks.