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HOA Approval Delays

Публичная сессияСессия #37813.01.2026👁️ 38 просмотровПроблемы покупки и продажи жилья
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AI Analysis Summary

The buyer's condo HOA application is experiencing an unusually long approval delay, creating a time crunch for their move.

Описание проблемы

We're buying a condo, and the HOA board is taking an unusually long time to approve our application. We're on a tight deadline to move.

Вопросы

5 вопросов
Q1

What is the original deadline for your HOA application approval? (ID: 2014)

The original deadline for HOA approval, as stipulated in our purchase agreement, was two weeks from the date we submitted our application. That was about three weeks ago now, so we're already past that initial timeframe. Our financing contingency is set to expire in another two weeks, which is why we're so anxious.

Q2

Have you or your real estate agent followed up with the HOA board or management company, and if so, what was their response? (ID: 2015)

Yes, multiple times. Our real estate agent has called and emailed the HOA management company almost daily for the past week. They've also tried reaching out to a couple of board members directly via email. The management company's response has been very vague, usually just saying 'it's still under review' or 'we're waiting for the board to meet.' We haven't received any specific feedback or requests for additional information.

Q3

Are there any specific requirements or disclosures that the HOA board has requested from you that you haven't yet provided? (ID: 2016)

No, we've provided everything they asked for upfront. We submitted the full application package, including our financial information, references, and a personal statement. We even proactively included a copy of our pre-approval letter from the lender. They acknowledged receipt of the complete package a few weeks ago.

Q4

Has your real estate agent communicated with the seller's agent about the delay and its potential impact on the closing timeline? (ID: 2017)

Yes, absolutely. Our agent has been in constant communication with the seller's agent. They've expressed our concern about the timeline and the potential for us to miss our financing contingency deadline, which is tied to the closing date. The seller's agent has been trying to get updates from the HOA as well, but it seems they're not getting much information either.

Q5

Are there any known issues or recent events within the HOA that might be causing internal delays (e.g., board member turnover, ongoing disputes)? (ID: 2018)

Not that we're aware of. We've been attending some of the recent board meetings as observers, and everything seemed to be running smoothly. There hasn't been any mention of significant board member turnover or any major disputes that would explain this kind of delay. The previous application we saw approved for another buyer in the building went through much faster.

Рекомендуемые решения:

10 решений
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Negotiate with Buyer

93%Official
Be prepared to negotiate with the buyer regarding repairs, credits, or adjustments to the sale price to keep the deal on track.
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Review Purchase Agreement

93%Official
Carefully examine the purchase agreement, particularly clauses related to property condition and buyer contingencies, to understand your obligations.
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Obtain Multiple Repair Quotes

93%Official
Get detailed quotes from reputable contractors for the necessary repairs to understand the total cost and compare it against your insurance payout.
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Review Policy and Contact Insurer

93%Official
Thoroughly review your homeowner's insurance policy and discuss the damage with your insurance adjuster to understand coverage limits and deductibles.
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Transparent Communication

93%Official
Proactively inform the buyer about the damage, the steps being taken to address it, and the insurance claim process. Offer to share insurance adjuster reports.
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Prompt Repair and Documentation

93%Official
Immediately address and repair the storm damage, obtaining all necessary permits and documentation. Provide the buyer with proof of repairs.
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Utilize a Centralized Communication Platform

93%Official
If possible, use a shared platform or email chain to document all communications and decisions, ensuring transparency and accountability.
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Schedule Regular Status Update Calls

93%Official
Organize brief, frequent calls with all parties involved (agents, buyer, lender representative) to ensure everyone is informed and issues are addressed proactively.
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Explore Alternative Lenders (Buyer's Responsibility)

93%Official
Advise the buyer to inquire about the possibility of switching to a different lender if the current one is consistently underperforming, though this is the buyer's decision.
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Escalate with Lender Management

93%Official
Contact the loan officer's manager or a higher-level contact at the lending institution to inquire about the delay and request expedited processing.

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