H

Heather Hardin McCall
Review of Associa

4 years ago

I am a local Realtor in Dallas and have a listing ...

I am a local Realtor in Dallas and have a listing in Townhomes District A in Addison TX. This management company has now delayed this closing a week costing the buyer, who is a VETERAN, thousands of dollars. I deal with HOA's on a daily basis and never in my 11 years have I had one so incompetent and this difficult to work with. The lender of the buyer has sent all closing documents to title but refuses to give clear to close because this ms management company's insurance expires in 8 days. They have not secured insurance for these particular units for after the 30th and stated they won't even look at insurances till the day it expires. The lender is refusing to close on a property in which there is no insurance coverage for a Townhome in 8 days. Therefore delaying our closing till proof of insurance is provided to the lender. Again costing the buyer THOUSANDS in moving expenses, a flight to closing (suppose to be tomorrow) as this is a relocation to Dallas and changing their cash to close.. The lender is advising the buyer not to even proceed because who wants to live in a Townhome whose HOA management company performs like this. If there are HOAS looking for managements companies, this is not one I recommend.

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