HOA Estoppel Letters
Protect your clients and your business by discovering all the past due HOA fees on a property before closing.
What are Estoppel Letters?
An estoppel letter reports on the current status of a property located within a Homeowner’s or Condo Association. These estoppels identify what dues are required, and how often; special assessments; as well as capital contributions.
Should the property not be current, there may also be legal fees and penalties to account for.
The HOA can then lien the property for the balances due and even foreclose to take ownership.
What is normally included in my HOA ESTOPPEL LETTER?
- Association / Management Company Responses
- Attorney Payoff(s) for Collection Accounts
- Account Ledgers on Accounts With a Balance
- Summary Highlighting Result
Why Clear Choice
Owned and operated by its founder since 2004, Clear Choice is widely recognized as the most responsive lien search company. Partnering with your team to clear title, we provide quick turnarounds, with accurate, easy to read HOA estoppel letters.
HOA HOMES ARE PRICED 4% HIGHER THAN SIMILAR HOMES OUTSIDE OF HOAS.
40 million housing units are subject to HOAs.
50% of HOAs expect fee delinquencies to grow in 2020.
Why you should order an estoppel letter?
Property Management companies and Associations change frequently, making it hard to track down the correct information. Getting the proper requests submitted and returned quickly can make or break a closing.
Our estoppel team supports allows you to focus on getting the deal closed knowing the results will be back well ahead of your deadline.
From Our Clients
Here’s what a our customers are saying about Clear Choice.
“Clear Choice is our go to for all things tax and lien related. They offer exceptional service, timely response, and are always there when you need them whether it’s on a property they are working on or not.”
“Jason, Christine and Danny ARE THE BEST
We have used them for many many years, they are fast and accurate in their product. I would highly recommend them. You can certainly trust them to take care of your deals!”