by Homeowners Association California | Jul 30, 2022 | HOA Life, Home and Community Maintenance, Information for Board Members and Community Volunteers, Investing in a Condo or HOA Community, Managing an HOA
HOA board members are supposed to do everything they can to keep the association financially healthy. To exercise this responsibility, they need to deal with reserve funds successfully. In addition to being aware of what this money is used for, HOA managers and...
by Homeowners Association California | Jun 30, 2022 | HOA Life, HOA Rules, Investing in a Condo or HOA Community, Managing an HOA, News Articles
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...
by Homeowners Association California | Jun 15, 2022 | HOA Life, HOA Rules, Home and Community Maintenance, How to..., Information for Board Members and Community Volunteers, Managing an HOA
Whether you’re a resident of a small condominium or apartment complex, you must comply with all the rules put in place by the homeowner’s association (HOA). Also, all the HOA board members should be aware of the regulations and how to use them correctly....
by Homeowners Association California | May 26, 2022 | HOA Life, Home and Community Maintenance, Information for Board Members and Community Volunteers, Managing an HOA
An HOA’s reserve is an integral part of its financial stability because this fund helps pay for significant repairs and replacements that come up over time. Unfortunately, many HOAs have underfunded reserves, which can cause some big problems down the...
by Homeowners Association California | May 10, 2022 | HOA Life, Home and Community Maintenance, Managing an HOA
The pandemic has left some lasting effects on many businesses, including struggles with budgets and revenue. Homeowners Associations (HOA) have also been significantly impacted across the country. In particular, the outbreak has led to an increase in expenses...
by Homeowners Association California | Apr 22, 2022 | HOA Life, How to..., Managing an HOA
It is no secret that saving money is important, especially when it comes to managing properties and communities funds. Running an association can be a challenge, and the only way to successfully run an HOA is to create a proper budget. Creating a budget requires...
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