Wednesday, 31 October 2018

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.