HOA News, Advice, and Tips
Ever since the mortgage crisis and its accompanying spike in assessment delinquencies, policy makers have been working to address the question of who should pay the cost of collecting past due assessments. Surprisingly, in many states that answer is….. you. Imagine your neighbor has racked up more than $500 in late fees on their credit […]
Continue ReadingMembers of an association often have tasks that require more in-depth study by a small group. That’s where a committee comes in. A committee is a body of persons delegated to consider, investigate and take action on tasks that require a small deliberative assembly. Although most homeowners association committees are advisory in their functioning, they […]
Continue ReadingFor successful HOA management, every board member must pay attention to certain trends impacting communities. AAM noticed these unsetting trends throughout its communities and decided to conduct a in-depth research study. The new report unveiled a wealth of information board members must consider in their HOA management plans. Challenge #1 Affecting HOA Management: The Traditional […]
Continue ReadingPlayoffs – they bring communities together. Whether someone is rooting for a rival or is decked out head-to-toe in a team’s colors, there is a friendly competition amongst all the sports fanatics within a community. A neighbor may fly the Oregon State University Beaver’s flag while another proudly displays their University of Oregon Duck’s welcome […]
Continue ReadingSafety is defined as the “condition of being safe from undergoing or causing hurt, injury, or loss” (1). Even in our world where everything is connected, safety is a still prime concern for almost everyone, whether you’re driving on the way to work, walking through a park, or browsing the internet. I’m here to remind […]
Continue ReadingA foreclosure badly affects the Home Owners’ Association of an area. Large number of HOAs have been facing monetary crises as a result of foreclosure. Homeowners who are facing a cash crunch sometimes are forced to discontinue paying the HOA fees that is required for maintenance of the overall property such as mowing lawns, pest […]
Continue ReadingIf you own a home and are a member of a homeowner’s association, there are things you may have to do before you can sell your home or relocate. All too often, people rush into buying homes that have homeowner’s associations. Without being careful, you could be in for some unpleasant surprises when the time […]
Continue ReadingCreating A True Community With the vast majority of new housing being built in planned communities, more people than ever are moving into community associations. Without a doubt, living in a community association has some great benefits. Perhaps one of the greatest advantages is the sense of belonging that comes with owning a home in […]
Continue ReadingDoes your condo or HOA prohibit street parking? Are the number of parking spaces limited? If so, you may live in a community where parking is at a premium. Stories abound on how HOAs enforce parking rules, and of course, they are almost all negative. Parking may be at a premium, but there are some […]
Continue ReadingWhen buyers look at condos or homes in an HOA, their first question is often how much are the association fees. For many buyers, low HOA fees are attractive. In newly built or converted condos, fees can be kept relatively low because new systems are in place. An association may be able to defer dealing with costs […]
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