Corporations can’t and don’t buy HOA’s. HOA’s are, by definition, owned by the homeowners. And even if a corporation could buy an HOA, why would it? HOA’s are not profit making entities. They typically barely have enough money to fulfill their obligations.
But they do.
HOA’s are, by definition, owned by the homeowners.
Nope. HOA's are incorporated. They are a corporate entity.
And even if a corporation could buy an HOA, why would it? HOA’s are not profit making entities. They typically barely have enough money to fulfill their obligations.
And yet corporations are buying them and making a profit.
There is a lot more money in a HOA then you think.