CID Analytics

About CID Analytics

THE CIDA REPORT EMPOWERS HOMEBUYERS WHO PURCHASE HOMES IN HOAs Many homebuyers are unaware of the pitfalls of purchasing a home in a homeowners association (HOA) in spite of the significant investment they are making in these not-for-profit corporations. Problems may include unexpected financial liability and mismanaged HOAs that are indifferent to the best interests of the homebuyer. These corporations are governed by unpaid, volunteer Boards and often managed by third-party managing agents whose decisions do not always serve the best interest of the HOA membership. The industry has little interest in enlightening buyers or encouraging pre-sale disclosure at the regulatory level because they have a vested interest in maintaining the status quo. This has resulted in a highly profitable market niche for a handful of major players who dominate the management industry. They are supportive of the industry as it exists and are not inclined to become an advocate for change. Our goal is to empower homebuyers and create a market force that disrupts the status quo within the HOA marketplace in an effort to raise the standards of professional practice and level of accountability of HOA decision makers! THE CIDA REPORT The CIDA Report (formerly the CRC Report) is the nation's leading provider of HOA due diligence services for buyers who purchase homes located in HOAs. After examining HOA documents and financial records, CIDA prepares a report for buyers that provides meaningful insight into the HOA's finances, reserve planning and administrative operations. Buyers gain insight into the HOA's financial stability and administrative competence. With a CIDA Report at their disposal, buyers are no longer walking into a serious investment with a blindfold on. The CIDA Report is a tool that gives buyers leverage when negotiating the final terms of a deal. We call this the "CIDA Advantage".

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