Talking to neighbors is an important due diligence item when buying a house

Talking to neighbors and tenants is the most under rated due diligence item of all time. We’ve learned about everything from undisclosed flooding to gang activity but the most common complaint we hear is about their burning hatred for a dysfunctional HOA. 😝 This is especially true of condo and townhome associations. One time I was walking through a condo parking lot with my buyers after a showing and asked a neighbor how she liked the complex and if she felt the HOA was well managed. She paused for a second and said, “You all should probably come in for coffee.” 😳