You need to know in the massi memo because information is power. And the property man has got you covered. [ woman vocalizing ] each year, millions of people move into communities governed by Homeowners Associations. And every day, i hear from many folks who love it and many who find themselves trapped in nightmarish battles with their hoas. Now, im gonna speak with a man named mike, whos been battling his hoa for years. He moved into an hoa community in 2007. And he loves where he lives. But when he started asking questions about how things were run, well, he was stonewalled. I was asking for some just some routine maintenance to be conducted that hadnt been done for as long as 10 years. And that that got such an adverse reaction coming back that i thought, okay. Whats going on here . When mike decided to join the board himself and won, all of a sudden, there was an anonymous but clearly wellorganized Campaign Launched to remove him from the board. As soon as my nomination was submitted, there were emails circulating around the community saying, dont vote for this person because he wants to raise your assessments, emails that were that came directly from existing board members. So you finally got elected to the board . I got elected to the board at my second attempt. At that stage, they started their move to attempt to get me removed from the board. You showed me some pamphlets, actually, flyers that were sent out literally asking we dont know who they came from except it said interested neighbors to have you removed. Over that week, every single home in the community had flyers posted on their door with their propaganda. I mean, how did you react to that . Dumbfounded, really. I mean, that that a community and the association and people who think theyre supporting them would go to such efforts to harass and hassle someone who. I just had the best interest of the value of the community at heart. He was called a stalker, a terrorist, an illegal alien and a threat to the community. How did you find out about these, by the way . Did they happen to send one to you . Well, these were the ones that were sent to me and put in my post box. So i wondered how many thousands theyd sent out. They spent a lot of money on you, mike. Unfortunately, those individuals didnt spend anything. They spent my money fighting me. Well, the campaign worked. Mike was recalled. He was kicked off the board. They did get a majority of the votes. But by statute, i believe i got sufficient votes to be protected from recall. But i wasnt interested in spending more money with more lawyers and more court to fight that battle. So for those who are listening to this who are in the process of buying a home in a development that has a Homeowners Association, what advice would you give them . You need to go with your realestate agent. And you need to attempt to try and speak to the board the board president. Go to a Board Meeting if at all possible. And do not let them make you feel that asking a question is a bad thing. You have the right to ask questions of your board and your association. Ask some questions about if theres any difficulties been going on. You know, are there any unhappy people in the community about have been they feel have been dealt with in, uh, maybe not the same as everyone else . The condition of the community is your first sign of potential issues with management, the possibility of future costs. So look closely as to the condition of your community both before you buy and after you buy. Its a hard timing thing to do when youre looking at purchasing. But if you dont commit that time, i would suggest to not purchase a home in a Homeowners Association. Well, theres certain things you surely can do and that is go around to talk to the neighbors. Mmhmm. Because talking to the board itself could be selfserving. Uh, if theres a property manager on site, thats good. To whatever extent they would allow you to see those things that are on the website, budgets. Mmhmm. Things like that, assessments that are coming, any construction defect issues that occurred in the community. Thats important to know. You know, you get so excited in the buying of a home that these details is what could take your enjoyment away. Yeah. Which happened to you. It certainly has. So look at. That Due Diligence that that you and i are talking about is very important mmhmm. Before you buy a home. Know what youre buying into besides the home. Know your community, know your hoa, and get a sense of how successful have they been in maintenance, lawsuits, some of which, by the way, is public record. Very, very important. When we come back, well speak with a realtor who had such bad issues with her hoa that she now works to educate folks about buying in hoa communities. [ woman vocalizing ] welcome back. Im bob massi, the property man. Jill schweitzer. Well, she got burned and harassed by her hoa. But she didnt take it laying down. About five years ago, i bought into a bad hoa. I discovered that they werent spending the money properly. And then, also, i was surprised at how they handled Insurance Claims, not treating everybody the same. She created hoa savers and is working to educate homeowners and help them navigate the often tricky world of Homeowners Associations. As a realtor, i was surprised to learn that were not taught anything about hoas. So everything ive learned was through my own experience. As a realtor, jill says she wants her clients to know exactly what theyre getting into when they buy in hoa communities so there are no surprises later on. What do people give up when they decide to buy a home that has an association . What type of things are they actually giving up when they do that . Theyre giving up their Constitutional Rights. Theyre living under a totally private government, really. The hoa can have the power to, more than the police do, to issue tickets for speeding. And then they can threaten to turn off your water. They can fine you and then foreclose on your house. Pretty strong. Yes. Check the rules before its too late because you must live by those rules. We talk a lot about Homeowners Associations within our organization, making sure that people know what is possibly coming down the line. Chris and kat are a young couple who were renting an apartment in california. When they moved to arizona, they decided to look into buying as well. Did you look into the Homeowners Association before you bought the you know, the cc rs that cover these condition restrictions . Did you talk to any neighbors . Or what kinds of things, if any, did you do like that . We didnt read the cc rs. We did not read the cc rs initially. Nobody does. So there theres about another 100 Million People who feel that way. Yeah. The hoa may decide, after theyve lived there 20 years, that that bench in the front yard is not gonna be allowed anymore. I know one homeowner that had to go to court over that. And it cost 8,000 in her attorney fees, and she may have to pay another 24,000 for the other sides. Are pets allowed . Can you park a car outside . Can you park in the street . What are the landscaping rules . What are the rules for garbage cans . Are there rental restrictions . Rules about paint colors can you believe it . These are all things that basically dictate where you live. Think of it as being 12 years old. You have to ask the hoa for permission for anything on the exterior of your property. Whats some of the most common things that youve seen that people consistently are faced with . Hoas requiring homeowners to do a bunch of work on their house once theyve decided to sell. You have to paint your house. You have to remove the tree stump. You have to do this or that. One of the biggest beefs that i hear all the time from homeowners is the architectural committee. You have to submit these things to them before you can paint a certain way, put something out there. Theres one homeowner that painted her trim a different sage green color than was actually approved by the hoa. Right. Because the hoa doesnt like her, they are suing her for that. If you break those rules, they are violations. You could be fined. You could be sued. And, believe it or not, the hoa has the right to put a lien against your property and foreclose if you dont pay the lien thats owed. I sold a home recently to a firsttime home buyer. In explaining that to them, the hoa, i told them, do not get late on your homeowner dues because you could have a 600 bill turn into 3,000 with attorney fees. Look at the collection and violation policies. You need to know how youre gonna be treated if youre late on dues and you break a rule. And when you sign on with an hoa, remember this you literally are signing away your Constitutional Rights in many cases. There are good hoa boards, men and women that work very hard and act in the best interest for the members of the community. But what is your primary concern . I dont want to sell property to a buyer and have them have a huge special assessment right after they close or, a year later, say theyre wasting our money and not doing anything. I also dont want my buyer calling me and saying that theyve got problems with being harassed, either with violations or fines or something a year later. Im gonna buy a home. What are some of the things that i should be asking or you as my agent should be asking about that hoa . The law is gonna say that theres certain things that youre supposed to get, like the reserve study. But you need to know what that is and what to look for on that. What that is is how much money is there being held for future problems that there may be in the community . How much does the hoa have set aside for large expenses . Get a copy of the reserve study and the financials. You want to make sure that you read those documents very carefully. Understand those assessments. Make sure that there is not something down the road that is a problem in that Owners Association thats going to have to be remedied by a special assessment. Ask the hoa if theyre responsible for the roofs and exterior of the buildings. You want to ask them, how old the roofs are. Have they had excessive water leaks over the last year . Are there issues with any flooding of units . Have they had any Insurance Claims . Have they had personal injury claims . Dont wait until your dues are continually raised or until youre hit with some special assessment. Look at the records and ask the questions early. If theres an existing personalinjury claim, youre not gonna have that necessarily disclosed to you as a buyer. But after you close, if that Insurance Claim goes to a lawsuit, then youre gonna be part of that lawsuit by whatever your percentage of ownership in the condo is. So could you find out also what the expenditures have been in the last couple of years, you know, for common areas, landscaping costs, you know, exterior painting costs, repairs . Are you allowed to ask for that and get it as a prospective homeowner . Youre allowed to ask, but they could say, no. If i was a prospective homeowner dealing with you as a realtor, and we request this, and theres a pushback, what should that tell me as the prospective homeowner . That makes you wonder why they wouldnt want to give it to you. And maybe you might reconsider if you really want to buy there. What id like to see is a disclosure form for hoas where they have to fill out that kind of information. We have 16 buildings. In the last year, weve had 10 roof leaks. Weve had four Insurance Claims because water entered the units from the ground because of grading issues. I want my buyers to know this information before they buy. Jills put together a lot of very helpful tips, both for people thinking of buying an hoa property and those who already live in one. I would ask for a copy of the violation policy. I would ask for a copy of the collection policy. I would ask for the last 6 or even 12 months of meeting minutes. Now, were not saying that hoas are bad. There are some great ones. But you just need to know exactly what youre getting into. Now, were gonna have more hoa tips coming up in the massi memo. And jill has a great Due Diligence checklist on her website, hoasavers. Com. Up next, come with me, the property man, to see a beautiful estate in Paradise Valley in scottsdale, arizona. [ woman vocalizing ] copd makes it hard to breathe. So to breathe better, i go with anoro. Go your own way copd tries to say, go this way. I say, ill go my own way with anoro. Go your own way oncedaily anoro contains two medicines called bronchodilators, that Work Together to significantly improve lung function all day and all night. Anoro is not for asthma. It contains a type of medicine that increases risk of death in people with asthma. The risk is unknown in copd. Anoro wont replace rescue inhalers for sudden symptoms and should not be used more than once a day. Tell your doctor if you have a heart condition, high blood pressure, glaucoma, prostate, bladder, or urinary problems. These may worsen with anoro. Call your doctor if you have worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain while taking anoro. Ask your doctor about anoro. Go your own way get your first prescription free at anoro. Com. Welcome back. Im bob massi, the property man. Its time to take another peek behind the gates of a Luxury Property now on the market. Im in Paradise Valley, arizona. And i asked realtor lisa wadey to show me around this sprawling estate built right on a golf course. This is a 12,206squarefoot estate, classic mediterranean, on almost two acres. And if you include the Outdoor Living spaces, there are 19,000 square feet under the roof. It sits on the Camelback Country Club golf course. It has seven bedrooms, nine baths. That includes a twobedroom guest house. Price tag 5,500,000. Nine fireplaces, a game room, media room, true theater, as well as a walkin wine cellar. So lisa, like in every home, you have the kitchen, the den area. And heres a perfect example. You can make it your own. Make it your own. Customize it. Maybe change paint colors. Now, the first thing you notice here is that the house is empty. The current owners moved out and decided not to stage the home. If its staged, then it it also helps a prospective buyer who doesnt have the creative mind. If i walked in and i could say, okay. Oh, i see. Thats where the couch would go. Oh, i see. Thats what you would use this room for. Staging can have huge benefits, as weve shown on this program before. But these owners decided to let the home speak for itself. A prospective buyer can walk in with his or her designer, give them. It might give them an idea of what they can do to make it their own, whether it be changing the paint, changing the flooring, changing window coverings, placing different types of furniture where they wanted to. If you look at the pictures of the home when its furnished, it looks very different. But it still shows the character of the previous owners. The thing that grabs you about this property is the sheer size. It just keeps going and going, with each room leading to another hidden gem, like the beautiful library, game and billiards room, and full theater. It also includes four ensuite bedrooms in the main house, which means they all have their own private bath and walkin closet. Youve got the staircase that leads up to the third floor, which has the master bedroom and the office. All right. It could be an office, could be an exercise room. It does have a little kitchenette. Its amazing how long the hallway is to get to the other side. And then down the hallway, as we continue down, youre gonna see patios off to your righthand side. There is an elevator that brings you to all levels of the home. Youre also gonna see the elevator that, again, takes you to the third, the middle and the first floor. So now, lisa, were going into the master bedroom. And of course, i mean, its huge. And again, somebody, tastefully, could do whatever they want. Its a huge master suite. It sure is. Large master bath. Has a meditation room, if you wanted to use it as that. What a view, huh . Absolutely. On the golf course. Youve got views, mountain views. I mean, this view is wonderful and right off the master bedroom. The outdoor spaces blend seamlessly with the house. And you could easily see how a family could spend most of their time out there. Its a Great Outdoor entertaining area, bob, with heated pool with diving board, spa, huge covered patio area, again, with another fireplace. A lot of good entertainment areas. When you come down and see the patio and the pool and the view of the golf course. What a great area. Tons of outdoor entertaining space, huge pool, grassy area, sitting on the golf course. So you have a beautiful view of that. The house feels large. But when you come to the backyard and that it doesnt feel so overwhelming. Again, youre on almost two acres. Yeah. Great atmosphere. There is even a twobedroom guest home on the property. A guest house, i should add, that is larger than most peoples primary homes. Two full bedrooms, living area, kitchen, patio. Its a house. And a garage. It also has its own garage. Of course it does. When you live in arizona, you expect to have multiple places to entertain, multiple places to be outside. Its an indoor Outdoor Living space. It has everything that you would expect in a Paradise Valley home. Up next, the massi memo. The property mans gonna talk to you about Homeowners Associations and additional things you need to know to protect yourself. [ woman vocalizing ] zar one of our investors was in his late 50s right in the heart of the financial crisis, and saw his portfolio drop by double digits. It really scared him out of the markets. His advisor ran the numbers and showed that he wouldnt be able to retire until he was 68. The client realized, i need to get back into the markets i need to get back on track with my plan. The Financial Advisor was able to work with this client. Hes now on track to retire when hes 65. Having someone coach you through it is really the value of a Financial Advisor. From godaddy in fact, 68 of people who have built their. Website using gocentral, did it in under an hour, and you can too. Build a better website in under an hour. With gocentral from godaddy. Time now for the massi memo. Weve talked a lot on this show about Homeowners Associations. Again, i dont want to give the impression that theyre all bad. But you really need to know what youre signing in to before you buy. The single most important and often overlooked issue is how much they have in reserves. How much money do they have . If its not enough, guess who will be footing the bill down the line . You and i as the homeowner. Now, before you buy into an hoa community, ask that they provide you with the last 12 months of meeting minutes. If at all possible, try to attend an hoa meeting before you purchase. And talk to some of the neighbors. Get an idea. How is the board . Are they cooperative . Are they trying to help homeowners . Or is there a lot of politics involved . We all know that can happen. Dont just look at the maintenance fees or the monthly dues before deciding to sign on. Look at things like what is the condition of the community youre buying into . Have they been skimping on maintenance and not making Capital Improvements . Those things are not likely to suddenly get better. Ask for a copy of the insurance declaration page. This will drive them crazy. Look at what the hoas paying for. Look at the cc rs. What do they say . Ask your own Insurance Agent for their opinion on what the hoas responsible for and what youre responsible for. Buying a property in an hoa, add into your offer that the owner warrants that the property does not have any hoa violations and that this condition survives closing, not an easy thing to negotiate, by the way. Again, before buying into an hoa community, do your homework. This is a place. If you love your home, youre gonna live there for years. Again, really look at the condition of the community. Visit it different times of the day, different times of the week. Talk to your neighbors. Research. Analyze. And again, i cannot emphasize enough, the money part of this, the reserve and the financial. And most importantly, folks, read. Read and understand all of the hoa documents and the rules. Thats all the time we have for today. Make sure to check our website at foxnews. Com propertyman. And send me your property stories and questions at propertyman foxnews. Com. Im bob massi. Ill see you next week. [ woman vocalizing ] here is lo. Keep it here on fox business. Lou lou good evening, everybody. Breaking tonight new evidence that special counsel Robert Muellers legal team is little more than a political hack on a mission to takedown President Trump and his administration. Another top investigators for the mueller team has been exposed over her ties to the democratic party. She represented former obama top aide ben rhoddes and the clinton foundation. Well have more on that. The leadership of the fbi and Department Much justice is