Association financials look intimidating, but four figures carry most of the signal.
The four numbers
- Reserve percent funded — how close reserves are to their target. Below 25% is a warning sign.
- Operating budget vs. dues — does income cover expenses without dipping into reserves?
- Special-assessment history — frequency over the last five years.
- Litigation — active suits can mean large, unpredictable costs.
HOAViz rolls exactly these into a single Health Score so you can compare buildings without reading every budget line by line — then dig into the detail when one looks off.