Resale

Estoppel Certificate.  Resale Certificate.  Resale package.  Whatever the name, the information inside is critical.

Who do you trust to tell you the full story about the home you want to buy?  Purchasing a home in a condominium, co-op or homeowners association (HOA) requires due diligence that goes above and beyond.  Your attorney, CFP and realtor have years of experience in their respective fields, but may not have the requisite skills to analyze your resale certificate or to explain the benefits, challenges and risks of community association ownership.  Property due diligence can help you avoid a $100,000+ special assessment. 

Don't regret!  Get SMAARTE before you sign on the dotted line to purchase a condominium (COA), co-op or HOA property.

Why SMAARTE?

We've spent thousands of hours getting to know community associations through financial statements, resale certificates, governance and operations.

Learn about Resale Certificates, Reserve Funds and Reserve Studies.

Resale Review from the SMAARTE Group delivers:

✅ a structured approach to understanding the risks associated with your potential real estate purchase

✅ verification that the documents you've received meet the requirements of state law

✅ a document checklist with written feedback about every item.  Examples:

✔️ balance sheet, income and expense ledger, and current operating budget

✔️ declaration and bylaws, rules and regulations (R&Rs), policies, procedures and resolutions

✔️ lease restrictions, occupancy restrictions, right of first refusal and restraints on alienability

✔️ master insurance

✔️ meeting minutes

✔️ pending lawsuits / civil actions and unsatisfied judgments

✔️ reserve study (read The Myth of Full Funding)

✔️ ... and more!

✅ opportunities to ask questions and receive answers 1:1 in real time

✅ guaranteed turnaround times (as fast as 48 hours)

✅ the SMAARTE Guarantee

What's the Process?

1️⃣ purchase a review package

2️⃣ submit your documents -OR- hold a scheduled call / web meeting

3️⃣ receive the written review and discuss on a scheduled call / web meeting (based on your review package)