You need to pick a Community Management Company with a dedicated Accounting Department

You think you have finally found the perfect Management Company for your homeowner’s Association. Proposals and RFP’s have been sent out. Interviews are complete, and the Board of Directors has reached a majority vote on who they want to use. All of that is great but unless you make a visit to your prospective company you might be missing some crucial details, for instance: Exactly how many people REALLY work there? Is the Company Controller also a property manager? Visiting the …

Read MoreYou need to pick a Community Management Company with a dedicated Accounting Department

 How does our Homeowner Association move forward post Covid19

 It is essential to recognize that your Homeowner Association Board and Management Company are not health care professionals. The primary source of information should come from the federal guidelines and the CDC.  Now that States are relaxing quarantine guidelines, many Associations are looking for ideas on how to move forward. There has been plenty of talk about the “new normal.” Now is the time for communities to leverage tools like remote meetings and community websites to get information delivered …

Read More How does our Homeowner Association move forward post Covid19

5 Questions Homeowners ask themselves during the selling process

“There are many questions, homeowners ask themselves during the selling process.” “How much will my home sell for?” “How much should I list my home for?” “Who should I select as a real estate agent to sell my home?” “What if the real estate agent overprices my home?” “Is this a good time to be selling a home?” Is it OK to Sale my Home in the Fall or Winter? As with every decision in life, there are pros and …

Read More5 Questions Homeowners ask themselves during the selling process

How to Extend the Life of your Kitchen Appliances

  The kitchen appliances in your home need regular TLC to keep them in tip-top condition. Following the tips outlined below will save you money and increase their lifespan significantly. Routine maintenance also creates a healthier environment in your kitchen for food preparation. Interestingly, many food-borne illnesses are the result of poor hygiene in the kitchen. Routinely wiping soiled surfaces is the first step. Warning Rubber Gloves Needed 🙂 Extend the Life of your Appliances with Minimal Effort Extend the …

Read MoreHow to Extend the Life of your Kitchen Appliances

How to prepare for emergencies in your home

September is National Preparedness Month. Take simple steps to prepare for emergencies in your homes, businesses, and schools.   According to Homeland Security, “National Preparedness Month (NPM) promotes family and community disaster and emergency planning. This year’s theme is “Prepared, Not Scared.” Think first about the basics of survival—fresh water, food, clean air, and warmth, according to the U.S. Department of Homeland Security’s Ready Campaign. Here are some items recommended for a basic emergency supply kit: * Water, one gallon …

Read MoreHow to prepare for emergencies in your home

Is it Better to Rent a Home, Own a Home, or Buy a Home in an HOA?

Choosing between renting a home, owning a home, and buying a home in an HOA is completely dependent upon on your needs – there are benefits to each. For generations, buying a home was considered the cornerstone of the American dream. However, in recent years, people have been debating whether buying a home is better than renting. Adheesh Sharma, vice president of financial solutions at Fidelity says, “a lot of financially savvy people are starting to question whether it’s economically …

Read MoreIs it Better to Rent a Home, Own a Home, or Buy a Home in an HOA?

How Can we Improve Our Homeowner Association’s Chances of Success?

 4 Key Ways to Help Homeowner Associations Succeed Leadership: “Residents who assume positions of responsibility as officers and directors of homeowner associations will be the key to its success or the catalyst for its failure.” ~Peter M. Dunbar, Esquire, sponsor/co-sponsor of most major laws affecting homeowner associations in Florida during his decade of service in the Florida Legislature. Virtually every homeowner association board is made up of volunteers. Many have little or no training in the administration of a homeowner …

Read MoreHow Can we Improve Our Homeowner Association’s Chances of Success?

4 Tips to Board Members For Drawing the Private vs Public Persona Line

Are you struggling to separate your role as a Board Member vs simply being a homeowner from your community neighbors while living in your association community? If so, then this guideline is a must read. We are sharing 4 easy tips to help you get started on the path to living in your community instead of only being defined by your role in running it. Does this scenario ring a bell? You are making a quick exit to attend a …

Read More4 Tips to Board Members For Drawing the Private vs Public Persona Line

3 Issues Homeowner Associations Face Today

There are many issues that many Homeowner Associations and Boards face on a regular basis.  Let’s take a moment to review the 3 top issues that exhibit the most contention. 1. Property Management Company does not have credentials and licensing. In a lot of states, fewer than 20% of homeowner associations are taken care of by a management company. Worse yet, across the country, less than 10 states mandate management licensing. An association needs to be very careful and assess …

Read More3 Issues Homeowner Associations Face Today

What Leads to Homeowner Association Failure?

How Do Homeowner Associations Go Bad? The Uninformed Homeowner The fact is that lots of newbie property buyers never ever get or bother to review the regulating documents for the association. Unconsciously, they break the policies and leads them to run afoul of the organization. The Rogue Homeowner Regretfully, there will certainly always be some homeowners that purposefully breach the covenants, break the regulations and test the limits of their board. In today’s digital age, e-mail, as well as social …

Read MoreWhat Leads to Homeowner Association Failure?

Do Homeowners in Associations Like Their Homeowners Association?

Just How Are The Majority Of Homeowners Feeling Concerning Their Homeowner Organizations? Recent studies performed by the CAI, Community Organizations Institute, show that over 70% of homeowners are pleased to own property in a community with a homeowner association. Association residents desire the protection of association rules, regulations, and also policies that help to secure the value of their property as well as that of the community. What Pleased Association Homeowners Appreciate These association residents desire the value of shared …

Read MoreDo Homeowners in Associations Like Their Homeowners Association?