Spectrum Association Management has partnered with HomeWise to offer a more effective process for ordering and delivering resale disclosures, statement of accounts and other closing documents. Sign up is easy and you can start utilizing the system immediately. HomeWise representatives are also available to help with any questions you may have by calling toll-free at 1-866-925-5004.Your title company and/or realtor will need to advise you of what is necessary for your upcoming closing.
The resale packet includes but is not limited to:
- Governing documents for the property
A resale questionnaire (resale certificate)
The budget and balance sheet of the association
Certificate of insurance for the association
A list of any open violations
A FAQ sheet
Statement of Account
A statement of account is a document which is intended to inform a title company of monies to be collected at closing.
Disclosure Packet (Arizona)
If you are located in Arizona, you will be requesting and receiving a disclosure packet, which includes all of the above information and documents.
Lenders may require a questionnaire to be completed with information regarding your HOA. Often, a custom questionnaire provided by your lender will need to be completed, however, a stock questionnaire is also available for purchase. Questionnaire orders will included the questionnaire of choice, as well as an association budge and balance sheet and the association’s certificate of insurance.