The sooner you address delinquent HOA fees, the better off your community will be. Make homeowners aware of how soon the HOA will take action if payments are not collected to create a sense of urgency for submitting dues on time.

On the surface, unit owners within an HOA are likely pleased with the increase in the value of their homes. However, a high level of inflation is likely to have a less desirable effect on the long-term financial health of the HOA.

Protecting yourself and your community from HOA fraud is essential, and w ith the proper knowledge and cautionary measures, you can ensure your HOA remains safe and secure for years.

The HOA finance committee fulfills many essential responsibilities, especially in a self-managed community. With a capable finance committee, the HOA board will find it easier to manage its financial duties.

Budgeting is vital to the success of your homeowners' association (HOA) and can prevent your community from facing financial troubles. Here are some tips to ensure that your community association is proactive, prepared, and adequately plans for the future.

While keeping dues as low as possible sounds like a good idea, it's not always the best idea. Read on to discover when raising dues is actually in a community's best interest.