The experienced and novice REO agents knows how much time is involved in researching the HOA Information for REO banks. In most areas, not only do you have to obtain the name of the HOA but you also have to deal with the obstacles associated with contacting the HOA Attorney. Many will refuse to provide basic information about the property until the required fee is paid.

At Online REPA, we will

• Research public records and related sites to obtain the name and contact information of the HOA or COA.
• Maintain directory of home owner and condo owner associations.
• Obtain the procedures required to obtain the estopple, statement of account, assessment, etc from the association.
• Complete all Association and REO Bank required forms.
• Submit requests to approve fee to the REO Bank HOA Specialist.
• Order Certificate of Title, Substitute Trustee Deed, etc from the REO Bank.
• Submit required documentation to the HOA or COA with payment if applicable.
• Order resale certificate, CCRs, by-laws, etc as required.
• Audit/dispute estopple, statement of account, assessments, etc to ensure that the fees charged are accurate.
• Order corrected and updated statements if required.
• Submit updated HOA/COA documents to the REO Banks as required.
• Submit payment to HOA/COA or Attorney (processed through QuickBooks or Online Bill Pay).
• Submit reimbursement of all fees paid by the agent or broker if applicable.

We use HOA Desktop to track your HOA and COA flow and specialize researching HOA/COA property information for EQUATOR, RES.net, DARES, LPS, Wells Fargo, and more!