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HOA Reserve Funds: When You Should (& Shouldn’t) Use Them
We know that financial operations like reserve funds present a unique challenge to your Homeowners Association (HOA). Proper budgeting and allocation of reserve funds can
Understanding Subdivision Sale Requirements
Let’s be frank – navigating the world of DRE can be confusing and convoluted. There are so many subdivision sale requirements and almost no resources
HOA Budgeting: Tips For Creating A Cost-Efficient HOA
Homeowners Associations (HOAs) are a vital part of a well-run, well-kept, and well-organized community. A good HOA ensures that a private community looks attractive and pristine,
This Week, in Economic News….
The U.S. Census Bureau reported a 22% jump in new construction housing over June, which was 23% higher than May. This is almost 10% higher than July of
It’s all in the ADVERTISING Name
When William Shakespeare’s Juliet said the famous quote,“What’s in a name?”, she was explaining how a name is not a big deal. While that may
A Comprehensive Guide To Subdivision Public Reports
If you are developing a subdivision in the state of California, you’ll need to obtain a subdivision public report before the units in your subdivision
Re-Phasing Your Subdivision
Remember that old saying about what happens when you ASSUME? Well… it’s still true. We have a client who bought close to 100 lots on
Waiver of Assessments for Common Areas or Maintenance Areas
DRE Regulations allow for HOA assessments to be waived for HOA-maintained improvements that are not complete. Regulation 2792.16c, in a nutshell, allows a complete deferment
It’s All in the Name
Do you develop your project in one company/entity, and then sell homes from another entity? If so, this article is for you! When the Department
The Wisdom of Creating Multiple Street Lots
Selling homes in phases? Consider structuring your next subdivision map to include multiple road lots. Asphalt streets are definitely one of the most expensive items
Releasing DRE Bonds
Filing bonds on subdivisions are one of those requirements that you can’t often avoid, without delaying getting your project to market. Subdividers under a Final
Housing Is Looking Up
Last night, before going to bed, I saw the S&P Homebuilders Index (XHB) was up over 8% in after-hours trading. This morning, I checked and
Our Differences Are Also Our Strengths
What crazy times we’re living in! As if we all didn’t have enough going on this year already, Covid-19 has brought HOA communities throughout California
Phasing in a Market Downturn
When times are good – phasing your marketing program can be a headache. When times are slow, however, Phasing can be a lifesaver! I’ve always
The Importance of Partnerships
We recently had an interesting case that brought real life issues to the forefront of our Reserve Study services. Every single HOA board has at
