It’s no secret that the housing market is booming again. As prices continue to rise, more and more people turn to the FHA loan program to buy a home. But what is an FHA approval? Do HOAs really need one? FHA loans are a popular choice for many first-time...
Buying a home within a homeowners association community comes with several responsibilities, including paying HOA dues and assessment fees as stipulated by the HOA governing documents. These payments are mandatory and backed by the laws of the association involved....
In the United States alone, nearly 74 million residents living in a homeowners’ association. While most of these locations exist in California, Florida, and Texas, there are thriving HOA communities all over America. A homeowners...
Over 14.07 million California residents live in a Homeowners Association (HOA) community. Every HOA community has a board of directors other homeowners elected. Their job is to run the community, ensuring the neighborhood operates efficiently and...
Homeowners Association or HOA is an organization that provides rules and regulations for homeowners. The association also maintains the property values of a neighborhood. To afford these maintenance services, there are Homeowner’s Association dues. HOA managers...
Accounting has a less than impressive reputation. However, it is critical for the smooth functioning of a wide range of both for-profit and non-profit organizations. Homeowners associations are no exception to this rule. As for why this is the case, the answer is that...
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