Often, managers of Homeowners Associations (HOAs) are hesitant to conduct special assessments, as the money required to perform them may not be recovered, and the frequency of these payments can be unknown. That’s why it’s important to have reserve funds readily available to pay for these repairs and replacements. The question is, how does the HOA board know how much money it needs to set aside?
In many parts of the United States, interest rates and home sale prices refuse to go down, signifying a strong start to the sales portion of the 2024 housing market. In June, the average home price was up by four percent compared to 2023, which is the good news for sellers looking to earn top dollar.
As HOA Start-up Budgets are being created, a question we hear often is “can the dues be reduced?” More often than not, the HOA dues
We were approached by a developer who had been working with three different consultants for 18 exasperating months, to obtain a Public Report on a
Another Client had several vacant land parcels in a rural unincorporated area. They had been working with a consultant to obtain a Public Report for several
Which Subdivision Projects Do Not Need a Disclosure Report? There are a couple of subdivision projects that do not require a Disclosure Report. This includes
In February 2018, a Nevada teenager successfully sued a homeowners association for $20 million after suffering a traumatic brain injury when a swing set’s metal
A well-run Homeowners Association (HOA) can lead to an increase in property value and heightened satisfaction from owners and can considerably enhance your home ownership
One of the first questions we get asked when meeting someone is, “Which Projects have you worked on?” Most recently, the second question is almost
Here’s the scenario: you’re creating a 50-lot gated community where the monthly dues will be $100 per lot. Here’s the problem: Once you begin selling
If you have questions, we’d love to hear from you!
