What Every Colorado Homebuyer Should Know About HOAs
Why HOAs Matter
With 2.7 million residents living in HOAs, they shape a huge part of Colorado’s housing market. Joining one means taking on shared costs and risks.
Buyer Checklist
Review the HOA’s budget and reserve study.
Check delinquency rates.
Understand upcoming expenses.
Watch for signs of mismanagement.
Key Takeaway
HOAs can add value, but they can also add risk. The smartest step before buying is to review the HOA’s financials in detail.
How I Can Help
I specialize in HOA financial reviews that simplify complex numbers into buyer-friendly insights.
Source: Colorado Division of Real Estate, 2024 HOA Annual Report (PDF)
