How to get information to sell my home?

• Many times the underwriter needs to know if there are any liens or back dues on the property before the house closes.
  

• Please contact M&M to complete a Status Letter, please refer to contact us for current contact information.
  
• Status Letters are only good through the date specified, if you close after that you may have HOA dues that may still be owed.
  

• Effective July 1, 2016 information about the payment status of an owner will not be released until the board has received a consent to release the information.  Please refer to forms.
  

• Once M&M receives the status letter request, expect this to take 4-5 business days.
  

• There is no capital buy in required for this complex.
  

• There is no master or subsidiary HOA for this complex
  

• The costs of closing related items is as follows:
  
  • Status Letter: $280.00 Effective 4/1/2019
    
  • Questionnaire: $50.00
    
  • Transfer Fee: $50.00
    
  • Any unpaid HOA assessments, Fines, and Late Fees owed.
    

• As a seller here are some other responsibilities you need to consider:
  
• Mailbox keys, that is the owners responsibility, the HOA cannot help in this matter, nor will the Post Office.
  
• By-Laws and Covenant, and CCIOA policys are all available via the website or Owners Portal website.  
  

• ​​Lender Information: Property Classification and Ownership Type
  
  Woody Creek Townhomes Association No. 1 is officially classified as a Planned Unit Development (PUD) rather than a Condominium Association. Per the recorded 1982 Master Declaration, the community's nature was explicitly changed from condominiums to townhomes, formally titled Woody Creek Townhomes Subdivision Filing No. 1.
  
  Key Information for Mortgage Underwriting:
  
  Ownership Type: Ownership is held as fee simple title to an individual Lot (the plot of land shown on the recorded subdivision map), rather than an undivided interest in common elements.
  Property Classification: Under FHA and standard secondary market guidelines, these units qualify as Single-Family Residential/One-Unit Properties.
  PUD Eligibility: The Association meets all federal requirements for a PUD: membership in the HOA is automatic and non-severable for every owner, the payment of assessments is mandatory, and common property (including open spaces and parking) is owned and maintained by the Association for the benefit of the unit owners.
  Financing Advantage: Because the community is a townhome/PUD structure and not a condominium, it generally does not require Condominium Project Approval or inclusion in the FHA Condominium Registry. Loans may be processed using standard single-family residential underwriting guidelines rather than the more rigorous condo project review process.
  
  Note: For insurance inquiries, the Association’s master policy insures the exterior of each townhouse as originally built, including roof and siding, while homeowners are responsible for insuring finished interior surfaces and personal property.