Sellers Learn What Their HOA REALLY Costs - When They Sell

Selling a condo can cost a lot more than the listing says. In this video we react to owners and agents dealing with an HOA fee that doubled in five years, a floor repair the HOA promised in writing and never finished, a garage an owner allegedly had to knock down before a sale, and a buyer's lenders that wouldn't approve a loan because the building's insurance policy was missing one clause. We also look at a St. Petersburg condo listed at $175,000 with a special assessment of $326,000, according to the creator, and at what Fannie Mae's rules say about reserves, master insurance and unpaid dues. Every story ends with what to check before you buy or sell, so you don't find out at the closing table. 🔔 Subscribe so you know what to ask the HOA before you sign or list:    / @thelistinglenny   💬 Comment below: Did an HOA ever surprise you with a bill when you tried to sell? 👍 Like the video if you'd read the HOA's reserve numbers before making an offer. DISCLAIMER: Clips are shared for commentary and educational purposes. Claims made by people in these clips are their own and have not been independently verified. Please don't contact, harass, or target anyone featured in this video. COPYRIGHT: This video contains original narration, analysis, and editing. Third-party clips are used under fair use (17 U.S.C. § 107) for commentary, criticism, and education. All rights belong to their respective owners. If you're a rights holder and want a clip credited or removed, contact us and we'll respond promptly. #hoa #condo #specialassessment #cantsellmyhouse #listinglenny