08/12/2026
🏡 Could your HOA’s finances affect whether your home sells?
The answer may surprise you—especially if you own a condominium.
When someone applies for financing to purchase a home in an HOA or condominium community, the lender may review more than the buyer’s income and credit. Depending on the property and loan, the lender may also examine the association’s:
✔️ Reserve funds
✔️ Insurance coverage
✔️ Budget and financial records
✔️ Delinquent assessments
✔️ Pending repairs or special assessments
✔️ Overall financial stability
Why? The lender wants to know whether the association is financially prepared to maintain the community and manage major expenses.
This does not automatically mean a home cannot sell. It does mean that responsible budgeting, adequate insurance, healthy reserves and organized financial records can help make the lending and closing process smoother.
Strong association management doesn’t just protect the community—it can also support every homeowner’s property value and ability to sell.
📥 Get the Free HOA Financial Health Checklist—and More!
We created a free, printable HOA Financial Health Checklist for Homeowners and Board Members. It walks you through the financial records and association issues that may come up during a home sale or refinance—including budgets, reserves, insurance, special assessments, owner delinquencies, major repairs, lender questionnaires and pending litigation.
Use it to better understand your association’s financial health, identify information you may need before listing your home and prepare for questions a buyer’s lender may ask.
Click the link below to subscribe. Then, open the confirmation email and confirm your subscription. Once confirmed, you’ll receive a separate email with access to this checklist and our complete Resource Library!
🔗 Subscribe Here: https://hlcpropertymanagement.com/subscribe
