CID Analytics, Inc. (CIDA) is the country’s leading provider of due diligence services for buyers who purchase homes in a common interest development (CID). The CIDA REPORT™ and the CIDA SCORE™ are CIDA’s proprietary due diligence products that provide homebuyers with the information they need to make informed decisions before purchasing a home in a homeowner association (HOA).
The CIDA REPORT™ offers valuable insight into the administrative and financial practices of the HOA in addition to property details that may not be obvious to the average buyer. CIDA provides advocacy for the buying side of a transaction that has historically been tilted in favor of sellers. Our services are designed to empower buyers by providing them with the knowledge they need to negotiate the best possible terms when purchasing a home in an HOA.
The CIDA REPORT™ includes details about the current financial condition, budget practices and borrowing activity of the Association – in other words, information that every buyer should have before they commit to purchasing a home located in an HOA.
Reserve planning is the single most important and yet misunderstood aspect of HOA governance. The CIDA REPORT™ provides invaluable insight into the Association’s reserve planning efforts, current funding strategy and information that may not be available from any other source.
The proper insurance program is a crucial component of a financially stable and sustainable HOA. Buyers should know what type of coverage is included in the Association’s master insurance policy and how it impacts the coverage they will be required to maintain as a member of the HOA.
The HOA Detective blog is an adjunct to the CIDA blog found on this website in which we share insight about the history of private residential communities; the current state of the industry and topics related to HOAs. The HOA Detective addresses timely issues in a candid and entertaining manner that is designed to enlighten, inform and empower those who choose to venture into the HOA ecosystem.
Our mission is to bring positive change to a fragmented HOA marketplace. By educating buyers, the CIDA Mission seeks to empower a new generation of homeowners who will become tomorrow’s leaders and decision-makers of the 350K privatized residential communities.
Thorough review and an assessment of the HOAs documents. Most important was that the materials were put in the context of other HOAs. Carson was very accessible and forth coming.Steve March 15, 2018