Lenders, investors, marketers and others alike need to better understand if a property is in a homeowner or condo owner association. Having a more complete understanding of all property characteristics allows for better decision-making.
Several types of users can benefit from intelligence on Homeowner and Condo owner Associations. Whether you are an investor who needs to perform due diligence or a direct marketer looking for refinance prospects, HOA Data from CoreLogic® offers the insight that is required.
Who Can Use HOA Data?
Appraisers
A property being within the boundaries of a HOA or COA may impact property valuations
Servicers
Understanding and analyzing a property for short sales decisions
Investors
Due diligence on a potential investment or a portfolio
Risk Managers
Audit portfolio management
Insurers
Analyze risk management and claims payment
Financial Managers
Review loss reserves and commercial development analysis
Direct Marketers
Target homeowners for refinance opportunities or suppression of prospects with HOA liens