Purchasing a home is a big deal, so when you do, you want to make sure it’s somewhere you can actually live. Just like in any neighborhood, living in a homeowners association has its pros and cons, but the positive outweighs the negative. That being said, it’s good to consider both.
How often do you communicate with your residents? Does your homeowners association have a website or newsletter? Let’s assume you do! (If you don’t, you should make a resolution to start one this January). As another year begins HOA board members should consider offering some thoughts about how the Association can make the community an even better place to live in the New Year and beyond.
Moving into a homeowners association can present some surprises if you aren’t informed beforehand. It’s up to you to ask the right questions before making the big purchase of buying any home. There are some specific things to consider when purchasing a home that’s a part of an Association. First read Part 1: Questions to Ask Before Moving into a Homeowners Association then continue reading below to learn how you can tell if one particular Association is right for your lifestyle.
If you’re in the process of house hunting you may have come across your dream home in a homeowners association community. But before you make a major purchase, are you informed about living in an HOA? If you aren’t familiar with how it works, there are some important questions to ask and a few actions to take before purchasing your new home.
A hot topic among homeowners association members is knowing who is responsible for certain maintenance items in the community, the homeowner or the Association? There are often assumptions on both sides, and when an issue arises and it’s not the outcome anticipated, disputes follow.
You’re the President of the HOA board in your community and you’re wise enough to know that you’re in way over your head, but you like a challenge and you’re ready to meet it head on. You’ve read your governing documents and know how to keep a basic balance sheet, but that doesn’t mean you understand the CC&Rs or know the difference between the operating and reserve budgets.
It has been a problem that man has battled since the dawn of time—controlling mold. It lurks in the corners and can cause major damage and nasty health issues. It doesn’t matter where you live - as long as moisture and oxygen are present, mold can grow indoors or outdoors on virtually any organic substance, including wood, paper, carpet, insulation and food.
As a new or current HOA board member you may often hear terms that you’re unfamiliar with. It’s important to ask questions and stay educated when something is unclear, and nothing can be more convoluted than financial jargon.
You’ve heard the phrase, “don’t judge a book by its cover.” But sometimes, it’s important to not underestimate the power of first impressions. Take the signage in your homeowners association for instance.
When living in a homeowners association residents are expected to pay assessments that are used to make the community a nice place to live. These fees contribute to utility and vendor bills, maintenance, short term and long term projects, and upkeep of amenities such as the pool.