Welcome to Real Estate Pro Tips. Pete Sabine and Leslie Whitney are real estate professionals with Compass and the Five Star Real Estate Team in the San Francisco Bay Area of California. This podcast series features guests who are specialists in home loan financing, staging, property inspections, property management, home warranty, insurance, and other real estate related services. Our podcasts provide real estate expertise to give you a competitive edge and provide insight with useful information so you can make an informed decision for your real estate needs. Our goal is to provide proven tips and strategies to make your home buying or selling goal a reality. Pete has represented homeowners & buyers since 1985 with over 36 years of local real estate expertise and over 1000 successful real estate sale transactions. Pete excels at real estate contract negotiations, home preparation projects, social media marketing, creative financing and real estate investment strategies. Pete is the co-author of the book "Get the Best Deal When Buying or Selling Your Home" which is like having your own coach in a book. Our podcast series is the online version of this book where you can access each podcast episode as a resource. Leslie has over 16 years of experience in advertising, marketing, banking, retail, commercial and residential real estate. We hope you enjoy our Real Estate Pro Tips and we encourage you to share our podcasts with anyone you know who is looking to buy or sell a home Call or Text 925.297.5335 to reach us with your questions or referrals.
Episodes
Thursday Nov 19, 2020
Thursday Nov 19, 2020
There are plenty of jokes and horror stories concerning Homeowners Associations. But how true or warranted are they? In this episode, the Five Star Real Estate Team breaks down the facts of HOAs and their impact on real estate transactions.
0:50 Start
1:25 HOA Facts and Figures
2:19 What is the Purpose of an HOA
3:01 Organization and Operation of an HOA
4:53 Joining vs Refusing
6:44 Fees
10:58 What if you want to get more involved?
12:19 Impact HOAs Have on Real Estate Transactions
13:31 HOAs Scaring off Potential Buyers
14:30 Finding More Information on an HOA
16:47 Owner Occupancy Ratio
20:46 Other Important Considerations
22:30 Issues Arising with HOAs
23:43 Questions for Legal Counsel
26:32 HOA Neighborhoods
27:41 Townhouses vs Condos
30:49 Cost of Ownership of HOA Homes vs Non-HOA Homes
32:44 HOA’s Impact on Re-Sale Value
34:18 Wrap Up
If you ever hear something on this podcast that interests you in any way and want to discuss it more, please do not hesitate to call or text my Five Star Real Estate Team at 925-297-5335. You can email us at info@fivestarrealestatepro.com.
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