How does a Homeowners’ Association protect the value of your home?

Image source: pennymacusa.com

People have different reasons for wanting to move to a HOA-managed community. These associations are known for installing community features such as additional security and fitness facilities. Moreover, an HOA protects the value of the homes in the neighborhood they manage. This goes a long way for people planning on selling their homes down the line. Here are some ways an HOA protects the value of your home.


Upkeep is enforced

Moving into an HOA-managed community means compliance with the association’s rules and regulations. Some of those regulations require property owners to perform regular tasks such as trimming the lawn, landscaping, and keeping the external appearance of homes as neat as possible. This way, a rogue neighbor cannot simply ruin his lawn and become a nuisance sight at the street. An HOA also approves of any changes or renovations homeowners would want to undertake, such as adding a front porch, a fence, or a shed.

Image source: redfin.com

Neighborhood is maintained

Part of the association fee paid by homeowners goes to the maintenance of the neighborhood. This should include road repairs, garbage collection, cleaning of public areas like parks, clubhouses, and other amenities.


Amenities

Amenities are one of the big draws of HOA-managed communities. These can include areas for recreation, fitness, and security measures like gates, fences, or walls. The location of the neighborhood is also considered as an amenity, provided its proximity to schools, malls, and business districts.


AMMCOR reviews are a testament to the excellent services of the HOA management company while it effectively assists clients by willingly getting in the trench to solve problems with the board. With working owners and committed managerial staff providing superior service, AMMCOR sets the standard for competing companies. For more reads on the company, visit its website.

Common Items Covered By Hoa Bylaws

When a homeowners association (HOA) is established, there are essential documents that need to be ratified, including the bylaws. The bylaws determine how the HOA should be governed and generally cover these matters: 

Image source: progressivecaucuscdp.org

Responsibilities of board members: An HOA is run by a board of directors. The board is responsible for ensuring the community is compliant with federal, state, and local laws, repair and maintenance of common areas, management of budgets and assessments, adoption and enforcement of restrictions and rules, among many others. The details of the board’s duties are written in the bylaws. 

Election procedures of board members: Who the board of directors would be fall in the hands of the homeowners. They are given the rights to elect the board members, the detailed information of which are listed in the bylaws. How long the board members’ terms would be, how many the members are, and how elections are conducted are also governed by the bylaws. 

Handling of meetings: Communication is key to creating a great neighborhood where homeowners can feel welcome and enjoy living together. To achieve this, scheduling meetings is necessary. Bylaws determine how frequent board members and homeowners should get together, as well as how these meetings are conducted. Since not everyone is expected to be able to attend, bylaws should also determine quorum requirements, especially when there are significant decisions that have to be made. 

Image source: bizfluent.com

AMMCOR, Inc. is a HOA management company that helps HOA board of directors enforce documents for the welfare of all members and deal with full-scale financial management. The company consistently receives favorable reviews from its clients. To learn more about AMMCOR, visit this website.

Top 5 Benefits Of Living In An Hoa-Managed Property

A lot of the time, homeowners pay for fees and dues without really feeling the impact of their contribution. Thankfully, that is not the case when it comes to monthly homeowner association fees. Homeowners get a lot in return by being a member of an HOA. Here are five great benefits you can enjoy as a member of an HOA-managed property.

Image source: curriproperties.net

  

The biggest perk is well-maintained amenities. From well-kept common area lawns to properly lit walkways, facilities are kept in tip-top shape by the HOA. 

Another benefit is add-on amenities such as walking trails, sports courts, and barbecue areas. These spaces can promote athletic and social activities within the area. 

The strict rules enforced by the HOA can also deter nuisance members from disturbing the peace and cause all sorts of trouble. By partnering with municipal codes and compliance departments, the group assures that everyone abides by the rules. This leads to a peaceful community, one less stress to worry about. 

HOA-managed properties are led by professionals who know what they’re doing. They don’t simply plug leaks. They manage and see to the timely resolution of repairs, and assess situations for future improvements. 

Lastly, the biggest perk of living in an HOA-managed property has to be the safety and security. Not only will HOA keep the community safe, but it also protects the value of the property. 

Image source: memproperty.com

AMMCOR reviews are a testament to the excellent services the HOA management company provides as it effectively assists clients by willingly getting in the trench with the board to help solve problems. For more information about the company, visit this website.